Zodiac Energy (NSE:ZODIACSMN) Interest Expense : ₹-38 Mil (TTM As of Dec. 2023)

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What is Zodiac Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zodiac Energy's interest expense for the three months ended in Dec. 2023 was ₹ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-38 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. Zodiac Energy's Operating Income for the three months ended in Dec. 2023 was ₹ 49 Mil. Zodiac Energy's Interest Expense for the three months ended in Dec. 2023 was ₹ -9 Mil. Zodiac Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 5.31. 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.

Zodiac Energy Interest Expense Historical Data

The historical data trend for Zodiac Energy'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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Zodiac Energy Interest Expense Chart

Zodiac Energy Annual Data

Trend

Mar14

Mar15

Mar16

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Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.69

-4.94

-6.23

-11.75

-26.14

Zodiac Energy Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-9.00	-5.52	-11.72	-11.35	-9.15

Zodiac Energy 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 ₹-38 Mil.

Zodiac Energy (NSE:ZODIACSMN) 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.

Zodiac Energy's Interest Expense for the three months ended in Dec. 2023 was ₹-9 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Zodiac Energy'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	*	48.601	/	-9.148
	=	5.31

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

Zodiac Energy (NSE:ZODIACSMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zodiac Energy Ltd (NSE:ZODIACSMN) » Definitions » Interest Expense

Traded in Other Exchanges

543416:India

Address

Drive-In-Road, 4-5-6 Upper Ground Floor, Milestone Building, Near Khodiyar Restaurant, Near Drive-In Cinema, Thaltej, Ahmedabad, GJ, IND, 380054

Website

https://www.zodiacenergy.com

Zodiac Energy Ltd operates as an energy solution provider company in India. It installs power generation plants. It is engaged in the design, supply, installation, testing, commissioning, operation, and maintenance of solar power equipment. Its products include solar photovoltaic rooftop solutions, Concentrating Solar Power Systems, solar photovoltaic solar pumping solutions, solar thermal solar water heater solutions, and many more. The company primarily operates in the segment of sale of solar-based power plants and related items. The company's services include Building Integrated Photovoltaics (BIPV) systems, emerging technologies, and co-generation power plants.

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