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Silver Touch Technologies (BOM:543525) Interest Expense : ₹-26 Mil (TTM As of Dec. 2024)


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What is Silver Touch Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silver Touch Technologies's interest expense for the three months ended in Dec. 2024 was ₹ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-26 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. Silver Touch Technologies's Operating Income for the three months ended in Dec. 2024 was ₹ 79 Mil. Silver Touch Technologies's Interest Expense for the three months ended in Dec. 2024 was ₹ -12 Mil. Silver Touch Technologies's Interest Coverage for the quarter that ended in Dec. 2024 was 6.49. 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.


Silver Touch Technologies Interest Expense Historical Data

The historical data trend for Silver Touch Technologies'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.

Silver Touch Technologies Interest Expense Chart

Silver Touch Technologies 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 -10.34 -7.79 -2.66 -10.19 -10.70

Silver Touch Technologies Quarterly Data
Mar19 Sep19 Mar20 Sep20 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 -5.04 1.07 -4.87 -9.94 -12.19

Silver Touch Technologies 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 ₹-26 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.


Silver Touch Technologies  (BOM:543525) 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.

Silver Touch Technologies's Interest Expense for the three months ended in Dec. 2024 was ₹-12 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Silver Touch Technologies'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*79.068/-12.191
=6.49

* 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.


Silver Touch Technologies Business Description

Traded in Other Exchanges
Address
2nd Floor, Saffron Building, Near Panchwati Circle, Ambawadi, Ahmedabad, GJ, IND, 380006
Silver Touch Technologies Ltd provides information technology (IT) solutions in India and internationally. The company provides solutions including Software Development, Offshoring, IT Infrastructure, Web Modernization, Workforce portability, and Mobile App development. The company also provides consulting services which include Information security, Content management, Product development, and Cloud computing. It caters its services to India and the international market and generates revenue from the same.

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