Valiant Communications (BOM:526775) Interest Expense : ₹-1.5 Mil (TTM As of Mar. 2024)

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What is Valiant Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valiant Communications's interest expense for the three months ended in Mar. 2024 was ₹ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1.5 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. Valiant Communications's Operating Income for the three months ended in Mar. 2024 was ₹ 33.0 Mil. Valiant Communications's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.4 Mil. Valiant Communications's Interest Coverage for the quarter that ended in Mar. 2024 was 87.08. 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.

Valiant Communications Interest Expense Historical Data

The historical data trend for Valiant 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.

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Valiant Communications Interest Expense Chart

Valiant Communications Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.18

-0.13

-0.34

-0.49

-1.49

Valiant 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															-0.26	-0.38	-0.37	-0.35	-0.38

Valiant 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 ₹-1.5 Mil.

Valiant Communications (BOM:526775) 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.

Valiant Communications's Interest Expense for the three months ended in Mar. 2024 was ₹-0.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹33.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹14.6 Mil.

Valiant 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	*	33.002	/	-0.379
	=	87.08

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. Valiant Communications Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Valiant Communications (BOM:526775) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Valiant Communications Ltd (BOM:526775) » Definitions » Interest Expense

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Address

71/1, Shivaji Marg, New Delhi, IND, 110015

Website

https://www.valiantcom.com

Valiant Communications Ltd is an Indian company engaged in the manufacturing of Telecom Transmission Equipment. It offers communication and transmission products and solutions for the Power Utility sector including power generation, transmission, distribution, communication, Smart Grid and Renewables (Hydro, Wind, and Solar). It also provides products and solutions for Oil and Gas sector, Railways and Metro rail networks and Airport communications networks. Some of the products provided by the company include NTP Sub-Master Clock, IP Multiplexer, Time Display Units and Packet Optical Transport Interface. Geographically the company generates revenue from India, the USA, Europe, and the rest of the world, where the majority is generated from India.

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