Datamatics Global Services (NSE:DATAMATICS) Interest Expense : ₹-20 Mil (TTM As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Datamatics Global Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Datamatics Global Services's interest expense for the three months ended in Mar. 2024 was ₹ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-20 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. Datamatics Global Services's Operating Income for the three months ended in Mar. 2024 was ₹ 558 Mil. Datamatics Global Services's Interest Expense for the three months ended in Mar. 2024 was ₹ -5 Mil. Datamatics Global Services's Interest Coverage for the quarter that ended in Mar. 2024 was 124.09. 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.

Datamatics Global Services Interest Expense Historical Data

The historical data trend for Datamatics Global Services'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.

* Premium members only.

Datamatics Global Services Interest Expense Chart

Datamatics Global Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-37.77

-28.25

-27.80

-29.10

-19.70

Datamatics Global Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-4.90	-5.20	-4.60	-5.40	-4.50

Datamatics Global Services 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-20 Mil.

Datamatics Global Services (NSE:DATAMATICS) 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.

Datamatics Global Services's Interest Expense for the three months ended in Mar. 2024 was ₹-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹558 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹75 Mil.

Datamatics Global Services's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	558.4	/	-4.5
	=	124.09

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Datamatics Global Services Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Datamatics Global Services (NSE:DATAMATICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Datamatics Global Services Ltd (NSE:DATAMATICS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

532528:India

Address

Street Number 17, Plot Number 58, Knowledge Centre, MIDC, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.datamatics.com

Datamatics Global Services Ltd is an Information technology(IT) company. The company operates in three segments: Digital Operations, Digital Experiences, Digital Technologies. The company offers Robotic Process Automation, Artificial Intelligence, Machine Learning, Hyperautomation, cloud solutions, Internet of Things (IoT), Consulting, and other solutions. Some of its products include TruBot, TruCap+, iPM, Trade Finance, TruBI, and TruAI. The company offers its services to different industries such as Banking & Financial Services, Publishing, Healthcare, Insurance, Transportation, Retail & E-Commerce, and others. Its geographical segments include the United States, UK and Europe, and the Rest of the World. The company generates the majority of its revenue from USA.

Datamatics Global Services (NSE:DATAMATICS) Headlines

No Headlines