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Info Edge (India) (BOM:532777) Interest Expense : ₹-181 Mil (TTM As of Dec. 2023)


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What is Info Edge (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Info Edge (India)'s interest expense for the three months ended in Dec. 2023 was ₹ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-181 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. Info Edge (India)'s Operating Income for the three months ended in Dec. 2023 was ₹ 1,768 Mil. Info Edge (India)'s Interest Expense for the three months ended in Dec. 2023 was ₹ -47 Mil. Info Edge (India)'s Interest Coverage for the quarter that ended in Dec. 2023 was 37.55. 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.

Info Edge (India) Interest Expense Historical Data

The historical data trend for Info Edge (India)'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.

Info Edge (India) Interest Expense Chart

Info Edge (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.81 -71.24 -57.87 -46.51 -73.35

Info Edge (India) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -12.99 -14.94 -36.77 -82.05 -47.08

Info Edge (India) 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-181 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.

Info Edge (India)  (BOM:532777) 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.

Info Edge (India)'s Interest Expense for the three months ended in Dec. 2023 was ₹-47 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹1,768 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Info Edge (India)'s Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1768.02/-47.08
=37.55

* 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.

Info Edge (India) (BOM:532777) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Info Edge (India) Ltd (BOM:532777) » Definitions » Interest Expense
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BOM:542726 BOM:535648 BOM:540704 BOM:542685 BOM:534623 BOM:538786 GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT JSE:NPN HKSE:01024 DASH XKRX:035420 PINS SNAP XKRX:035720 TME
Traded in Other Exchanges
NAUKRI:India
Address
B - 8, Sector - 132, Noida, UP, IND, 201304
Website
https://www.infoedge.in
Info Edge (India) Ltd is a technology company engaged in offering online services in areas like recruitment, matrimony, real estate, and education. The business segments of the company are Recruitment solutions, 99acres for real State, and Others. The Recruitment Solutions business comprises the www.naukri.com, www.quadrangle.com, www.naukrigulf.com, www.firstnaukri.com, and fast forward candidate services. 99acres.com derives its revenues from property listings, builders' and brokers' branding and visibility through microsites, home page links and banners servicing real estate developers, builders and brokers. It derives key revenue from the Recruitment solutions segment. The company sells its services to the customers located in India internationally.

Info Edge (India) (BOM:532777) Headlines

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