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E Factor Experiences (NSE:EFACTOR) Interest Expense : ₹ Mil (TTM As of Mar. 2023)


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What is E Factor Experiences Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. E Factor Experiences's interest expense for the six months ended in Mar. 2023 was ₹ -9 Mil. E Factor Experiences does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2023.

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. E Factor Experiences's Operating Income for the six months ended in Mar. 2023 was ₹ 115 Mil. E Factor Experiences's Interest Expense for the six months ended in Mar. 2023 was ₹ -9 Mil. E Factor Experiences's Interest Coverage for the quarter that ended in Mar. 2023 was 13.27. 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.


E Factor Experiences Interest Expense Historical Data

The historical data trend for E Factor Experiences'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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E Factor Experiences Interest Expense Chart

E Factor Experiences Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-8.64 -4.56 -8.68

E Factor Experiences Semi-Annual Data
Mar21 Mar22 Mar23
Interest Expense -8.64 -4.56 -8.68

E Factor Experiences Interest Expense Calculation

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


E Factor Experiences  (NSE:EFACTOR) Interest Expense Explanation

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. The higher, the better.

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

E Factor Experiences's Interest Expense for the six months ended in Mar. 2023 was ₹-9 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹115 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹33 Mil.

E Factor Experiences's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*115.208/-8.683
=13.27

* 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.

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


E Factor Experiences (NSE:EFACTOR) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. A-49, Sec 67, Gautam Budh Nagar, Noida, UP, IND, 201301
E Factor Experiences Ltd company is engaged in providing the consumers and community with event experiences, event services, technology based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, private and social event solutions. It's portfolio services includes turnkey assignments in the form of Government commissioned Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events & Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations etc.

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