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International Travel House (BOM:500213) Interest Expense : ₹-1 Mil (TTM As of Mar. 2024)


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What is International Travel House Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Travel House's interest expense for the three months ended in Mar. 2024 was ₹ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1 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. International Travel House's Operating Income for the three months ended in Mar. 2024 was ₹ 68 Mil. International Travel House's Interest Expense for the three months ended in Mar. 2024 was ₹ -0 Mil. International Travel House's Interest Coverage for the quarter that ended in Mar. 2024 was 191.23. 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.

International Travel House Interest Expense Historical Data

The historical data trend for International Travel House'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.

International Travel House Interest Expense Chart

International Travel House Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.79 -1.97 -1.02 -0.34 -0.74

International Travel House 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 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 -0.07 -0.07 -0.05 -0.27 -0.36

International Travel House 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 ₹-1 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.

International Travel House  (BOM:500213) 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.

International Travel House's Interest Expense for the three months ended in Mar. 2024 was ₹-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹10 Mil.

International Travel House'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*68.46/-0.358
=191.23

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. International Travel House Ltd has enough cash to cover all of its debt. Its financial situation is stable.

International Travel House (BOM:500213) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » International Travel House Ltd (BOM:500213) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Travel House, T-2, Community Centre, Sheikh Sarai, Phase-1, New Delhi, IND, 110017
Website
https://www.internationaltravelhouse.in
International Travel House Ltd is an Indian-based travel management organization. The company provides travel services to corporate travelers in India and abroad. It offers a diverse range of services including corporate travel, air ticketing, car rental, destination management services, leisure holidays, meetings, incentives, conventions, events (MICE), hotel travel counters, and foreign exchange. The company operates in a single segment which is travel-related services. It generates key revenue from the Sale of Services.

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