VL E-Governance & IT Solutions (BOM:543958) Interest Expense : ₹0.0 Mil (TTM As of Mar. 2024)

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What is VL E-Governance & IT Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VL E-Governance & IT Solutions's interest expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.0 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. VL E-Governance & IT Solutions's Operating Income for the three months ended in Mar. 2024 was ₹ -2.3 Mil. VL E-Governance & IT Solutions's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. VL E-Governance & IT Solutions has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

VL E-Governance & IT Solutions Interest Expense Historical Data

The historical data trend for VL E-Governance & IT 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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VL E-Governance & IT Solutions Interest Expense Chart

VL E-Governance & IT Solutions Annual Data

Trend

Mar23

Mar24

Interest Expense

VL E-Governance & IT Solutions Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

VL E-Governance & IT 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

VL E-Governance & IT Solutions (BOM:543958) 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.

VL E-Governance & IT Solutions's Interest Expense for the three months ended in Mar. 2024 was ₹0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-2.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

VL E-Governance & IT Solutions's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

VL E-Governance & IT Solutions had no long-term debt ⁽¹⁾.

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

VL E-Governance & IT Solutions (BOM:543958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Interest Expense

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VLEGOV:India

Address

Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093

Website

VL E Governance and IT Solutions Pvt Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports.

VL E-Governance & IT Solutions (BOM:543958) Headlines

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