Virtuoso OptoElectronics (BOM:543597) Interest Expense : ₹-200 Mil (TTM As of Mar. 2024)

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What is Virtuoso OptoElectronics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Virtuoso OptoElectronics's interest expense for the six months ended in Mar. 2024 was ₹ -102 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-200 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. Virtuoso OptoElectronics's Operating Income for the six months ended in Mar. 2024 was ₹ 183 Mil. Virtuoso OptoElectronics's Interest Expense for the six months ended in Mar. 2024 was ₹ -102 Mil. Virtuoso OptoElectronics's Interest Coverage for the quarter that ended in Mar. 2024 was 1.80. 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.

Virtuoso OptoElectronics Interest Expense Historical Data

The historical data trend for Virtuoso OptoElectronics'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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Virtuoso OptoElectronics Interest Expense Chart

Virtuoso OptoElectronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-34.65

-67.86

-76.11

-120.46

-200.50

Virtuoso OptoElectronics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-51.96	-68.50	-98.53	-101.97

Virtuoso OptoElectronics 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-200 Mil.

Virtuoso OptoElectronics (BOM:543597) 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.

Virtuoso OptoElectronics's Interest Expense for the six months ended in Mar. 2024 was ₹-102 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹183 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹604 Mil.

Virtuoso OptoElectronics'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	*	183.393	/	-101.967
	=	1.80

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

Virtuoso OptoElectronics (BOM:543597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007

Website

https://www.voepl.com

Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

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