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eClerx Services (BOM:532927) Interest Expense : ₹-235 Mil (TTM As of Mar. 2024)


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What is eClerx Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. eClerx Services's interest expense for the three months ended in Mar. 2024 was ₹ -56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-235 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. eClerx Services's Operating Income for the three months ended in Mar. 2024 was ₹ 1,620 Mil. eClerx Services's Interest Expense for the three months ended in Mar. 2024 was ₹ -56 Mil. eClerx Services's Interest Coverage for the quarter that ended in Mar. 2024 was 29.02. 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.


eClerx Services Interest Expense Historical Data

The historical data trend for eClerx Services'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.

eClerx Services Interest Expense Chart

eClerx Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -201.55 -202.77 -215.20 -211.62 -234.84

eClerx Services 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 -56.52 -59.04 -61.40 -58.57 -55.83

eClerx Services 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 ₹-235 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.


eClerx Services  (BOM:532927) 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.

eClerx Services's Interest Expense for the three months ended in Mar. 2024 was ₹-56 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,620 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,248 Mil.

eClerx Services'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*1620.02/-55.83
=29.02

* 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.


eClerx Services (BOM:532927) Business Description

Traded in Other Exchanges
Address
Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, digital branding services that include multi-channel media content management, and cable and telecom services. The company organizes itself into four segments based on geography: United States, United Kingdom, Europe, and Asia-Pacific. The majority of revenue comes from the United States.

eClerx Services (BOM:532927) Headlines

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