Virtual Global Education (BOM:534741) Interest Expense : ₹-0.00 Mil (TTM As of Dec. 2024)

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What is Virtual Global Education Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Virtual Global Education's interest expense for the three months ended in Dec. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-0.00 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. Virtual Global Education's Operating Income for the three months ended in Dec. 2024 was ₹ -5.69 Mil. Virtual Global Education's Interest Expense for the three months ended in Dec. 2024 was ₹ 0.00 Mil. Virtual Global Education has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Virtual Global Education Interest Expense Historical Data

The historical data trend for Virtual Global Education'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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Virtual Global Education Interest Expense Chart

Virtual Global Education Annual Data

Trend

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Mar24

Interest Expense

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-2.10

-0.21

-0.13

-12.78

Virtual Global Education 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															-	-	-	-	-

Virtual Global Education 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 ₹-0.00 Mil.

Virtual Global Education (BOM:534741) 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.

Virtual Global Education's Interest Expense for the three months ended in Dec. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-5.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.00 Mil.

Virtual Global Education's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Virtual Global Education had no long-term debt ⁽¹⁾.

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

Virtual Global Education Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Virtual Global Education Ltd (BOM:534741) » Definitions » Interest Expense

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Address

Block EN – 34, Sector V, Salt Lake, 2nd Floor EN-20, Seven Hills Building, Kolkata, WB, IND, 700091

Website

https://www.virtualeducation.co.in

Virtual Global Education Ltd is engaged in the business of the education and training industry. The company offers various technical and vocational secondary education. Its business areas include skills for schools and colleges, vocational education and training, professional entrepreneurship program, and digital education. In addition, it also offers courses on various skills in telecom, retail, hospitality and tourism, healthcare, security, beauty and wellness, solar power, agriculture, and electronics sectors. The company has a presence in approximately 14 states with over 150 centers across both urban and rural areas. The company derives its revenues Majorly from skilling and training and project comprised under the Common Norms of National Skill Development Corporation.

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