Perfect-Octave Media Projects (BOM:521062) Interest Expense : ₹-3.26 Mil (TTM As of Mar. 2024)

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What is Perfect-Octave Media Projects Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Perfect-Octave Media Projects's interest expense for the three months ended in Mar. 2024 was ₹ -2.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-3.26 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. Perfect-Octave Media Projects's Operating Income for the three months ended in Mar. 2024 was ₹ 4.21 Mil. Perfect-Octave Media Projects's Interest Expense for the three months ended in Mar. 2024 was ₹ -2.30 Mil. Perfect-Octave Media Projects's Interest Coverage for the quarter that ended in Mar. 2024 was 1.83. 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.

Perfect-Octave Media Projects Interest Expense Historical Data

The historical data trend for Perfect-Octave Media Projects'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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Perfect-Octave Media Projects Interest Expense Chart

Perfect-Octave Media Projects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-4.27

-1.90

-1.18

-1.24

-3.26

Perfect-Octave Media Projects Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.33	-0.31	-0.43	-0.22	-2.30

Perfect-Octave Media Projects 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 ₹-3.26 Mil.

Perfect-Octave Media Projects (BOM:521062) 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.

Perfect-Octave Media Projects's Interest Expense for the three months ended in Mar. 2024 was ₹-2.30 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹4.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

Perfect-Octave Media Projects'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	*	4.206	/	-2.297
	=	1.83

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

Perfect-Octave Media Projects (BOM:521062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Perfect-Octave Media Projects Ltd (BOM:521062) » Definitions » Interest Expense

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Address

302, Mahakali Caves Road, 3rd Floor, New India Industrial Estate, Chakala, Near Paper Box, Andheri (E), Mumbai, MH, IND, 400093

Website

http://www.insyncmusic.net

Perfect-Octave Media Projects Ltd is engaged in the business of broadcasting. The company is operating a satellite television channel Insync which is showcasing Indian classical music and other non-film music genres. Also, the company is involved in the production of musical content. It is engaged in Television Broadcasting and Content Syndication Division.

Perfect-Octave Media Projects (BOM:521062) Headlines

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