ITCONS E-Solutions (BOM:543806) Interest Expense : ₹0.2 Mil (TTM As of Sep. 2023)

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What is ITCONS E-Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ITCONS E-Solutions's interest expense for the six months ended in Sep. 2023 was ₹ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹0.2 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. ITCONS E-Solutions's Operating Income for the six months ended in Sep. 2023 was ₹ 8.9 Mil. ITCONS E-Solutions's Interest Expense for the six months ended in Sep. 2023 was ₹ -0.0 Mil. ITCONS E-Solutions's Interest Coverage for the quarter that ended in Sep. 2023 was 276.59. 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.

ITCONS E-Solutions Interest Expense Historical Data

The historical data trend for ITCONS E-Solutions'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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ITCONS E-Solutions Interest Expense Chart

ITCONS E-Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Interest Expense

-1.05

-0.82

-1.09

-1.55

ITCONS E-Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial			-	-	-1.82	0.27	-0.03

ITCONS E-Solutions 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.2 Mil.

ITCONS E-Solutions (BOM:543806) 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.

ITCONS E-Solutions's Interest Expense for the six months ended in Sep. 2023 was ₹-0.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹8.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.0 Mil.

ITCONS E-Solutions's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	8.851	/	-0.032
	=	276.59

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

ITCONS E-Solutions (BOM:543806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jamna Lal Bajaj Marg, 3rd Floor, B-10, Bajaj Bhawan, Sector-3, Noida, UP, IND, 201301

Website

https://www.itconsinc.com

ITCONS E-Solutions Ltd is engaged in the business of providing human resource services to both public and private organizations mostly in the organized sector in diverse roles and responsibilities. The company's services include Manpower Supply & Recruitment Services; and Manpower Sourcing & Staffing Services. The Manpower Supply Services account for a majority of its revenues, and Manpower Souring Services contribute to the rest of its revenues.

ITCONS E-Solutions (BOM:543806) Headlines

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