Dolat Algotech (BOM:505526) Interest Expense : ₹-289 Mil (TTM As of Dec. 2024)

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What is Dolat Algotech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dolat Algotech's interest expense for the three months ended in Dec. 2024 was ₹ -125 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-289 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. Dolat Algotech's Operating Income for the three months ended in Dec. 2024 was ₹ 640 Mil. Dolat Algotech's Interest Expense for the three months ended in Dec. 2024 was ₹ -125 Mil. Dolat Algotech's Interest Coverage for the quarter that ended in Dec. 2024 was 5.14. 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.

Dolat Algotech Interest Expense Historical Data

The historical data trend for Dolat Algotech'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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Dolat Algotech Interest Expense Chart

Dolat Algotech Annual Data

Trend

Mar15

Mar16

Mar17

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Mar20

Mar21

Mar22

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Mar24

Interest Expense

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-161.98

-217.52

-171.36

-149.42

-162.21

Dolat Algotech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-68.15	35.12	-94.23	-105.69	-124.61

Dolat Algotech 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-289 Mil.

Dolat Algotech (BOM:505526) 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.

Dolat Algotech's Interest Expense for the three months ended in Dec. 2024 was ₹-125 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹640 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Dolat Algotech's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	640.31	/	-124.61
	=	5.14

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

Dolat Algotech Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Dolat Algotech Ltd (BOM:505526) » Definitions » Interest Expense

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DOLATALGO:India

Address

Plot Number A/19, Veera Desai Road, 301-308, 3rd Floor, Bhagwati House, Andheri (West), Mumbai, MH, IND, 400058

Website

http://www.dolatinvest.com

Dolat Algotech Ltd, formerly Dolat Investments Ltd is engaged in trading in shares, securities, and commodities through various stock or commodities exchanges. The company earns its revenues on investment in Stocks and Commodities and Derivatives.

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