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ADC India Communications (BOM:523411) Interest Expense : ₹-0 Mil (TTM As of Mar. 2024)


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What is ADC India Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ADC India Communications'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 ₹-0 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. ADC India Communications's Operating Income for the three months ended in Mar. 2024 was ₹ 87 Mil. ADC India Communications's Interest Expense for the three months ended in Mar. 2024 was ₹ -0 Mil. ADC India Communications's Interest Coverage for the quarter that ended in Mar. 2024 was 451.22. 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.


ADC India Communications Interest Expense Historical Data

The historical data trend for ADC India Communications'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.

ADC India Communications Interest Expense Chart

ADC India Communications 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 -0.57 -0.31 -0.14 -0.87 -0.27

ADC India Communications 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 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 -0.78 -0.04 -0.02 -0.03 -0.19

ADC India Communications 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 ₹-0 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.


ADC India Communications  (BOM:523411) 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.

ADC India Communications'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 ₹87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0 Mil.

ADC India Communications'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*86.634/-0.192
=451.22

* 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:

ADC India Communications Ltd has no debt.


ADC India Communications (BOM:523411) Business Description

Traded in Other Exchanges
N/A
Address
No. 10C, 2nd Phase, 1st Main, Peenya Industrial Area, Bangalore, KA, IND, 560058
ADC India Communications Ltd is engaged in providing connectivity solutions to suit individual enterprise and telecom service provider requirements. It provides copper and fiber physical connectivity in telecommunications and data networking solutions. The company's segment include Telecommunication and IT - Networking. It generates maximum revenue from the IT - Networking segment.

ADC India Communications (BOM:523411) Headlines

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