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CE Info Systems (BOM:543425) Interest Expense : ₹-29 Mil (TTM As of Dec. 2024)


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What is CE Info Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CE Info Systems's interest expense for the three months ended in Dec. 2024 was ₹ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-29 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. CE Info Systems's Operating Income for the three months ended in Dec. 2024 was ₹ 362 Mil. CE Info Systems's Interest Expense for the three months ended in Dec. 2024 was ₹ -11 Mil. CE Info Systems's Interest Coverage for the quarter that ended in Dec. 2024 was 34.15. 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.

CE Info Systems Interest Expense Historical Data

The historical data trend for CE Info Systems'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.

CE Info Systems Interest Expense Chart

CE Info Systems Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -27.00 -24.04 -21.60 -24.80 -25.70

CE Info Systems Quarterly Data
Mar18 Mar19 Mar20 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 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 -7.60 -4.10 -6.30 -7.50 -10.60

CE Info Systems 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 ₹-29 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.

CE Info Systems  (BOM:543425) 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.

CE Info Systems's Interest Expense for the three months ended in Dec. 2024 was ₹-11 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹362 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

CE Info Systems's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*362/-10.6
=34.15

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. CE Info Systems Ltd has enough cash to cover all of its debt. Its financial situation is stable.

CE Info Systems Business Description

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Traded in Other Exchanges
MAPMYINDIA:India
Address
Okhla Industrial Estate, Phase- III, First, Second, & Third Floor, Plot. No. 237, New Delhi, IND, 110 020
Website
https://www.mapmyindia.com
CE Info Systems Ltd is a data and technology products and platforms company, offering proprietary digital maps as a service, software as a service, and platform as a service. It provides software products, platforms, application programming interfaces, and solutions across a range of digital map data, software, and IoT for the Indian market under the MapmyIndia brand, and for the international market under the Mappls brand. The Company has only one business segment, i.e. Map data and Map data related services (GPS navigation, location-based services and IoT). This business mainly consists of products like digital map data, GPS navigation and location-based services, licensing, royalty, annuity, subscription and customizing its products to customers.

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