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ASYA Infosoft (BOM:511144) Interest Expense : ₹-11.9 Mil (TTM As of Dec. 2021)


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What is ASYA Infosoft Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ASYA Infosoft's interest expense for the three months ended in Dec. 2021 was ₹ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was ₹-11.9 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. ASYA Infosoft's Operating Income for the three months ended in Dec. 2021 was ₹ -2.2 Mil. ASYA Infosoft's Interest Expense for the three months ended in Dec. 2021 was ₹ -2.2 Mil. ASYA Infosoft did not have earnings to cover the interest expense. 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.


ASYA Infosoft Interest Expense Historical Data

The historical data trend for ASYA Infosoft'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.

ASYA Infosoft Interest Expense Chart

ASYA Infosoft Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.79 -7.96 -9.88 -10.07 -10.95

ASYA Infosoft Quarterly Data
Sep15 Dec15 Mar16 Jun16 Mar17 Jun17 Mar18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -2.48 -3.73 -3.03 -2.96 -2.22

ASYA Infosoft 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-11.9 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.


ASYA Infosoft  (BOM:511144) 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.

ASYA Infosoft's Interest Expense for the three months ended in Dec. 2021 was ₹-2.2 Mil. Its Operating Income for the three months ended in Dec. 2021 was ₹-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was ₹0.0 Mil.

ASYA Infosoft's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

ASYA Infosoft did not have earnings to cover the interest expense.

* 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.


ASYA Infosoft (BOM:511144) Business Description

Traded in Other Exchanges
N/A
Address
Stadium Five Roads, H. N. House, 4th Floor, Nidhi Complex, Above Stadium Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009
ASYA Infosoft Ltd is principally engaged in training and IT enables services. It offers strategy and technology implementation services to companies wanting to optimize or re-engineer their existing business. The firm uses N-tier architecture, web designing, and web development for image building of the company with multimedia animation. The group also offers network solutions and resource management services. The firm offers its services in Software Development, Business process outsourcing, Web Designing/Development, E-business solutions, Multimedia/Animation, Networking Solutions, and Resource Management.

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