Softrak Venture Investment (BOM:531529) Interest Expense : ₹-0.01 Mil (TTM As of Jun. 2024)

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What is Softrak Venture Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Softrak Venture Investment's interest expense for the three months ended in Jun. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-0.01 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. Softrak Venture Investment's Operating Income for the three months ended in Jun. 2024 was ₹ 0.05 Mil. Softrak Venture Investment's Interest Expense for the three months ended in Jun. 2024 was ₹ 0.00 Mil. Softrak Venture Investment has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Softrak Venture Investment Interest Expense Historical Data

The historical data trend for Softrak Venture Investment'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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Softrak Venture Investment Interest Expense Chart

Softrak Venture Investment Annual Data

Trend

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Interest Expense

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-0.01

Softrak Venture Investment Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.01	-

Softrak Venture Investment 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.01 Mil.

Softrak Venture Investment (BOM:531529) 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.

Softrak Venture Investment's Interest Expense for the three months ended in Jun. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0.00 Mil.

Softrak Venture Investment's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Softrak Venture Investment had no long-term debt ⁽¹⁾.

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

Softrak Venture Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softrak Venture Investment Ltd (BOM:531529) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Drive in Road, Near Maruti Towers, 201, Moon Light Shopping Centre, Memnagar, Ahmedabad, GJ, IND, 380052

Website

https://www.softrakventure.in

Softrak Venture Investment Ltd provides information technology services. The company is engaged in technical and business services. The group provides software solutions build upon robust technologies like Microsoft Asp.net, Java, JavaScript, PHP, Open Source, Android & IOS OS, and My SQL.

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