Silicon Rental Solutions (BOM:543615) Interest Expense : ₹-4.4 Mil (TTM As of Sep. 2023)

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What is Silicon Rental Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silicon Rental Solutions's interest expense for the six months ended in Sep. 2023 was ₹ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-4.4 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Silicon Rental Solutions's Operating Income for the six months ended in Sep. 2023 was ₹ 83.7 Mil. Silicon Rental Solutions's Interest Expense for the six months ended in Sep. 2023 was ₹ -0.4 Mil. Silicon Rental Solutions's Interest Coverage for the quarter that ended in Sep. 2023 was 227.43. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Silicon Rental Solutions Interest Expense Historical Data

The historical data trend for Silicon Rental Solutions's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Silicon Rental Solutions Interest Expense Chart

Silicon Rental Solutions Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-2.20

-0.03

-0.57

-3.66

-7.86

Silicon Rental Solutions Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial				-	-	-3.82	-4.04	-0.37

Silicon Rental Solutions Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-4.4 Mil.

Silicon Rental Solutions (BOM:543615) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Silicon Rental Solutions's Interest Expense for the six months ended in Sep. 2023 was ₹-0.4 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹83.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹87.3 Mil.

Silicon Rental Solutions's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	83.693	/	-0.368
	=	227.43

The higher the ratio, the stronger the company's financial strength is.

Silicon Rental Solutions (BOM:543615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silicon Rental Solutions Ltd (BOM:543615) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052

Website

https://www.silicongroup1.com

Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

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