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Sancode Technologies (BOM:543897) Interest Expense : ₹-0.21 Mil (TTM As of Mar. 2024)


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What is Sancode Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sancode Technologies's interest expense for the six months ended in Mar. 2024 was ₹ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.21 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. Sancode Technologies's Operating Income for the six months ended in Mar. 2024 was ₹ -7.04 Mil. Sancode Technologies's Interest Expense for the six months ended in Mar. 2024 was ₹ -0.13 Mil. Sancode Technologies 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.

Sancode Technologies Interest Expense Historical Data

The historical data trend for Sancode 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.

Sancode Technologies Interest Expense Chart

Sancode Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-0.01 - -0.04 -0.08 -0.21

Sancode Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial - -0.04 - -0.08 -0.13

Sancode 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.21 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.

Sancode Technologies  (BOM:543897) 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.

Sancode Technologies's Interest Expense for the six months ended in Mar. 2024 was ₹-0.13 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹-7.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹13.81 Mil.

Sancode Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Sancode Technologies 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.

Sancode Technologies (BOM:543897) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sancode Technologies Ltd (BOM:543897) » Definitions » Interest Expense
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BOM:541735 BOM:501622 BOM:531834 BOM:531259 BOM:543234 BOM:543991 VRSK LSE:EXPN EFX BAH XSWX:SGSN XPAR:BVI TRU FCN TSE:6532 XSWX:DKSH SZSE:300012 ASX:ALQ ICFI XPAR:IPS
Traded in Other Exchanges
N/A
Address
B.M. Road, Opposite Elphinstone Station, 107, Prime Plaza, J.V. Patel Compound, Mumbai, MH, IND, 400013
Website
https://www.sancodetech.com
Sancode Technologies Ltd provides management consultancy services and ancillary services to startups and other entities. The firm's entire business falls under one segment namely Management consultancy services. It engages in software and product Digital transformation. Workflow automation., Artificial intelligence (AI), and Machine learning (ML). Robotic Process Automation (RPA) and Data Analytics, Metaverse, Web3 applications, and System Integration. development offering an API-enabled platform and solutions that enable organizations to adopt powerful technology applications addressing their strategic business needs rapidly.

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