Sify Technologies (Sify Technologies) Interest Expense : $-20.6 Mil (TTM As of Mar. 2024)

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What is Sify Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sify Technologies's interest expense for the three months ended in Mar. 2024 was $ -8.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-20.6 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. Sify Technologies's Operating Income for the three months ended in Mar. 2024 was $ 8.2 Mil. Sify Technologies's Interest Expense for the three months ended in Mar. 2024 was $ -8.6 Mil. Sify Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 0.95. 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.

Sify Technologies Interest Expense Historical Data

The historical data trend for Sify Technologies'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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Sify Technologies Interest Expense Chart

Sify Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-12.55

-12.37

-13.00

-18.30

-25.39

Sify Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-5.09	-5.42	-5.66	-6.31	-8.64

Sify Technologies 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 $-20.6 Mil.

Sify Technologies (NAS:SIFY) 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.

Sify Technologies's Interest Expense for the three months ended in Mar. 2024 was $-8.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $8.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $244.2 Mil.

Sify Technologies'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	*	8.225	/	-8.638
	=	0.95

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

Sify Technologies (Sify Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sify Technologies Ltd (NAS:SIFY) » Definitions » Interest Expense

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IWY1:Germany

Address

4, Rajiv Gandhi Salai, Tidel Park, 2nd Floor, Taramani, Chennai, TN, IND, 600113

Website

https://www.sifytechnologies.com

Sify Technologies Ltd is a provider of corporate network services in India. The firm is also the fifth Internet access provider in the country. Sify controls the network of franchised cybercafes in India and owns several popular Internet portals, one of which--Sify.com--is among India's top 10 sites in terms of traffic. The firm's revenue is derived from segment services to enterprise customers, comprising Network services, Data Center services, Cloud and Managed Services, Technology Integration Services, and Applications Integration services. The Group has two geographic segments India and the rest of the world.