Caspianorate Services (BOM:534732) Interest Expense : ₹-26.9 Mil (TTM As of Mar. 2024)

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What is Caspianorate Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Caspianorate Services's interest expense for the three months ended in Mar. 2024 was ₹ -25.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-26.9 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. Caspianorate Services's Operating Income for the three months ended in Mar. 2024 was ₹ 57.6 Mil. Caspianorate Services's Interest Expense for the three months ended in Mar. 2024 was ₹ -25.6 Mil. Caspianorate Services's Interest Coverage for the quarter that ended in Mar. 2024 was 2.25. 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.

Caspianorate Services Interest Expense Historical Data

The historical data trend for Caspianorate 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.

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Caspianorate Services Interest Expense Chart

Caspianorate Services Annual Data

Trend

Mar15

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Mar24

Interest Expense

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-0.02

-2.58

-26.90

Caspianorate 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															-	-0.38	-0.40	-0.52	-25.60

Caspianorate 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 ₹-26.9 Mil.

Caspianorate Services (BOM:534732) 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.

Caspianorate Services's Interest Expense for the three months ended in Mar. 2024 was ₹-25.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹57.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹53.2 Mil.

Caspianorate 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	*	57.614	/	-25.595
	=	2.25

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

Caspianorate Services (BOM:534732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Caspian Corporate Services Ltd (BOM:534732) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Sardar Patel Road, F-Block, 105, First Floor, Surya Towers, Secunderabad, Hyderabad, TG, IND, 500003.

Website

https://www.caspianservices.in

Caspian Corporate Services Ltd is an Indian firm providing consultancy and advisory services on financial and corporate issues. The company is offering an integrated service delivery model that includes a wide range of services such as FMS, Housekeeping Services, Security Services, Property Management Services, Office Support Services, M&E Services, Pest Control Services, Disinfection Services, and Customer Support. The company generates revenue from consultancy services and business support services.

Caspianorate Services (BOM:534732) Headlines

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