Palred Technologies (BOM:532521) Interest Expense : ₹-58.8 Mil (TTM As of Dec. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Palred Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Palred Technologies's interest expense for the three months ended in Dec. 2024 was ₹ -13.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-58.8 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. Palred Technologies's Operating Income for the three months ended in Dec. 2024 was ₹ -19.2 Mil. Palred Technologies's Interest Expense for the three months ended in Dec. 2024 was ₹ -13.6 Mil. Palred Technologies 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.

Palred Technologies Interest Expense Historical Data

The historical data trend for Palred Technologies'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.

Palred Technologies Interest Expense Chart

Palred Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-9.44

-27.37

-32.35

-44.28

-63.92

Palred Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-14.83	-15.25	-14.61	-15.40	-13.59

Palred Technologies 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-58.8 Mil.

Palred Technologies (BOM:532521) 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.

Palred Technologies's Interest Expense for the three months ended in Dec. 2024 was ₹-13.6 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-19.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Palred Technologies's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Palred Technologies did not have earnings to cover the interest expense.

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

Palred Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Palred Technologies Ltd (BOM:532521) » Definitions » Interest Expense

Traded in Other Exchanges

PALREDTEC:India

Address

Road No. 12, Banjara Hills, House No. 8-2-703/2/B, Plot No. 2, Hyderabad, TG, IND, 500034

Website

https://www.palred.com

Palred Technologies Ltd is a holding company. It is engaged in providing information technology (IT) solutions and IT services for media and entertainment. It has an online e-commerce portal and is engaged in trading online in electronic products, fashion accessories, and providing related services.

Palred Technologies Headlines

No Headlines