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Transcorp International (BOM:532410) Interest Expense : ₹-24 Mil (TTM As of Mar. 2024)


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What is Transcorp International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transcorp International's interest expense for the three months ended in Mar. 2024 was ₹ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-24 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. Transcorp International's Operating Income for the three months ended in Mar. 2024 was ₹ -21 Mil. Transcorp International's Interest Expense for the three months ended in Mar. 2024 was ₹ -7 Mil. Transcorp International 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.


Transcorp International Interest Expense Historical Data

The historical data trend for Transcorp International'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.

Transcorp International Interest Expense Chart

Transcorp International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -51.74 -50.06 -34.62 -21.74 -24.30

Transcorp International 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 -4.55 -5.04 -6.55 -5.79 -6.92

Transcorp International 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 ₹-24 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.


Transcorp International  (BOM:532410) 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.

Transcorp International's Interest Expense for the three months ended in Mar. 2024 was ₹-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹37 Mil.

Transcorp International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Transcorp International 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.


Transcorp International (BOM:532410) Business Description

Traded in Other Exchanges
N/A
Address
Moti Doongri Road, 5 Floor, Transcorp Towers, Near Manwaji Ka Bag, Jaipur, RJ, IND, 302 004
Transcorp International Ltd is engaged in money changing and money transfer. It also offers currency exchange, traveler's cheques, and travel cards to customers including leisure outbound travelers and business travelers. The company's segment includes Foreign exchange and money transfer; Travel, ticketing and car rental and Investments, building rent, and shares. It generates maximum revenue from Foreign Exchange and Money Transfer segment.

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