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Xelpmoc Design and Tech (BOM:542367) Interest Expense : ₹-2.06 Mil (TTM As of Mar. 2024)


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What is Xelpmoc Design and Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xelpmoc Design and Tech's interest expense for the three months ended in Mar. 2024 was ₹ -0.45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2.06 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. Xelpmoc Design and Tech's Operating Income for the three months ended in Mar. 2024 was ₹ -56.25 Mil. Xelpmoc Design and Tech's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.45 Mil. Xelpmoc Design and Tech 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.

Xelpmoc Design and Tech Interest Expense Historical Data

The historical data trend for Xelpmoc Design and Tech'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.

Xelpmoc Design and Tech Interest Expense Chart

Xelpmoc Design and Tech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.80 -0.47 - -2.54 -2.06

Xelpmoc Design and Tech 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 -0.80 -0.49 -0.60 -0.53 -0.45

Xelpmoc Design and Tech 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 ₹-2.06 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.

Xelpmoc Design and Tech  (BOM:542367) 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.

Xelpmoc Design and Tech's Interest Expense for the three months ended in Mar. 2024 was ₹-0.45 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-56.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1.90 Mil.

Xelpmoc Design and Tech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Xelpmoc Design and Tech did not have earnings to cover the interest expense.

* 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.

Xelpmoc Design and Tech (BOM:542367) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Xelpmoc Design and Tech Ltd (BOM:542367) » Definitions » Interest Expense
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Traded in Other Exchanges
XELPMOC:India
Address
No. 17, 4th Floor, Agies Building, 1st 'A' Cross, 5th Block, Koramangala, Bengaluru, KA, IND, 560 034
Website
https://www.xelpmoc.in
Xelpmoc Design and Tech Ltd provide professional and technical consulting services. The company's services include an offering of technology services and solutions to public and private sector clients engaged in e-commerce, hospitality, healthcare, education, agriculture, and various other industries. It offers mobile and web application development, prototype development, thematic product development, and data analytics assistance. The company products include X-Pand and X-Tact. Geographically, it has a business presence in India and Other countries.

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