Dynacons Systems & Solutions (NSE:DSSL) Interest Expense : ₹-88 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Dynacons Systems & Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dynacons Systems & Solutions's interest expense for the three months ended in Mar. 2024 was ₹ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-88 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. Dynacons Systems & Solutions's Operating Income for the three months ended in Mar. 2024 was ₹ 191 Mil. Dynacons Systems & Solutions's Interest Expense for the three months ended in Mar. 2024 was ₹ -24 Mil. Dynacons Systems & Solutions's Interest Coverage for the quarter that ended in Mar. 2024 was 7.91. 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.

Dynacons Systems & Solutions Interest Expense Historical Data

The historical data trend for Dynacons Systems & 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.

* Premium members only.

Dynacons Systems & Solutions Interest Expense Chart

Dynacons Systems & Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-67.37

-66.17

-74.01

-108.68

-87.88

Dynacons Systems & Solutions 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															-26.31	-22.48	-22.37	-18.89	-24.15

Dynacons Systems & 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-88 Mil.

Dynacons Systems & Solutions (NSE:DSSL) 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.

Dynacons Systems & Solutions's Interest Expense for the three months ended in Mar. 2024 was ₹-24 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹191 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹113 Mil.

Dynacons Systems & Solutions'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	*	191.15	/	-24.153
	=	7.91

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

Dynacons Systems & Solutions (NSE:DSSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dynacons Systems & Solutions Ltd (NSE:DSSL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

532365:India

Address

Subhash Road, 3rd Floor, A Wing, Sunteck Centre, Near Garware Chowk, Vile Parle East, Mumbai, MH, IND, 400 057

Website

https://www.dynacons.com

Dynacons Systems & Solutions Ltd is an India-based information technology (IT) company, which is engaged in providing end-to-end technology and technology-related services. The company operates in a single segment of System integration and services. The firm's offerings include a range of enterprise IT and office automation services, such as IT infrastructure managed services, break-fix Services, Managed Print Services, cloud computing, system integration services, and application development and maintenance. It undertakes various activities related to IT infrastructure, including infrastructure design and consulting services, turnkey systems integration of large network, and data center infrastructures. Geographically, it generates the majority of the revenue from India.

Dynacons Systems & Solutions (NSE:DSSL) Headlines

No Headlines