AccelerateBS India (BOM:543938) Interest Expense : ₹-0.10 Mil (TTM As of Mar. 2024)

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What is AccelerateBS India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AccelerateBS India's interest expense for the six months ended in Mar. 2024 was ₹ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.10 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. AccelerateBS India's Operating Income for the six months ended in Mar. 2024 was ₹ 12.70 Mil. AccelerateBS India's Interest Expense for the six months ended in Mar. 2024 was ₹ -0.02 Mil. AccelerateBS India's Interest Coverage for the quarter that ended in Mar. 2024 was 635.05. 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.

AccelerateBS India Interest Expense Historical Data

The historical data trend for AccelerateBS India'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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AccelerateBS India Interest Expense Chart

AccelerateBS India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.49

-0.01

-0.27

-0.46

-0.10

AccelerateBS India Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-	-	-0.08	-0.02

AccelerateBS India 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 ₹-0.10 Mil.

AccelerateBS India (BOM:543938) 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.

AccelerateBS India's Interest Expense for the six months ended in Mar. 2024 was ₹-0.02 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹12.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹5.44 Mil.

AccelerateBS India'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	*	12.701	/	-0.02
	=	635.05

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

AccelerateBS India (BOM:543938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AccelerateBS India Ltd (BOM:543938) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off S.V. Road, Office 604, Quantum Tower, Ram Baug, Malad West, Mumbai, MH, IND, 400 064

Website

https://www.acceleratebs.com

AccelerateBS India Ltd is a Digital Technology Services company offering a multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, and delivering powerful and scalable software systems.

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