GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Quadrant Televentures Ltd (BOM:511116) » Definitions » Interest Expense

Quadrant Televentures (BOM:511116) Interest Expense : ₹-1,148 Mil (TTM As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Quadrant Televentures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quadrant Televentures's interest expense for the three months ended in Dec. 2023 was ₹ -325 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-1,148 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. Quadrant Televentures's Operating Income for the three months ended in Dec. 2023 was ₹ 45 Mil. Quadrant Televentures's Interest Expense for the three months ended in Dec. 2023 was ₹ -325 Mil. Quadrant Televentures's Interest Coverage for the quarter that ended in Dec. 2023 was 0.14. 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.


Quadrant Televentures Interest Expense Historical Data

The historical data trend for Quadrant Televentures'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.

Quadrant Televentures Interest Expense Chart

Quadrant Televentures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -891.64 -965.63 -989.41 -1,051.21 -1,099.87

Quadrant Televentures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -307.39 -177.93 -322.48 -323.21 -324.66

Quadrant Televentures 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,148 Mil.

* 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.


Quadrant Televentures  (BOM:511116) 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.

Quadrant Televentures's Interest Expense for the three months ended in Dec. 2023 was ₹-325 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Quadrant Televentures's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*45.207/-324.663
=0.14

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Quadrant Televentures Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Quadrant Televentures (BOM:511116) Business Description

Traded in Other Exchanges
N/A
Address
B-71, Phase-VII, Industrial Focal Point, Mohali, PB, IND, 160055
Quadrant Televentures Ltd is a Unified Access Services Licensee and an Internet Service Provider in the Punjab Telecom Circle comprising of the State of Punjab, the Union Territory of Chandigarh, India. It provides complete telecommunication services, which includes voice telephony, internet services, broadband data services and a wide range of value-added services such as Centrex, Leased Lines, VPNs, Voicemail, and other. It operates through the provision of unified telephony services segment and generates revenue from the same.

Quadrant Televentures (BOM:511116) Headlines

No Headlines