Covance SoftSol (BOM:544361) Interest Expense: ₹-53 Mil (TTM As of Jun. 2026)

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BOM:544361 Covance SoftSol Ltd BOM:544361
20 GF Score
Price ₹188.70
! 1 Warning Sign
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What is Covance SoftSol Interest Expense?

Covance SoftSol BOM:544361 +3.34% 20 Interest Expense is ₹-53 Mil as of Jun. 2026. GuruFocus rates BOM:544361 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Covance SoftSol's interest expense for the three months ended in Jun. 2026 was ₹ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-53 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. Covance SoftSol's Operating Income for the three months ended in Jun. 2026 was ₹ 51 Mil. Covance SoftSol's Interest Expense for the three months ended in Jun. 2026 was ₹ -8 Mil. Covance SoftSol's Interest Coverage for the quarter that ended in Jun. 2026 was 6.13. 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.

Covance SoftSol  (BOM:544361) 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.

Covance SoftSol's Interest Expense for the three months ended in Jun. 2026 was ₹-8 Mil. Its Operating Income for the three months ended in Jun. 2026 was ₹51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ₹0 Mil.

Covance SoftSol's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*51.159/-8.343
=6.13

* 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.

Covance SoftSol Interest Expense Historical Data

* Premium members only.

The historical data trend for Covance SoftSol'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.

Covance SoftSol Interest Expense Chart

Covance SoftSol Annual Data
Trend Mar24 Mar25 Mar26
Interest Expense
-51.02 -57.34 -57.46

Covance SoftSol Quarterly Data
Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.21 -14.00 -10.97 -19.28 -8.34
BOM:544361
20GF Score
Covance SoftSol Ltd BOM:544361
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Covance SoftSol 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-53 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-53 Mil mean?
Covance SoftSol (BOM:544361) has a Interest Expense of ₹-53 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Covance SoftSol and its competitors.
Is Covance SoftSol's Interest Expense too high?
Covance SoftSol's current Interest Expense is ₹-53 Mil. Overall, Covance SoftSol has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Covance SoftSol's Interest Expense compare to IBM and ACN?
Covance SoftSol's Interest Expense of ₹-53 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Covance SoftSol and its competitors. Covance SoftSol's current Interest Expense is ₹-53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covance SoftSol stock overvalued right now?
Covance SoftSol (BOM:544361) has a current Interest Expense of ₹-53 Mil. The current Interest Expense is ₹-53 Mil. Covance SoftSol's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Covance SoftSol (BOM:544361), the current Interest Expense is ₹-53 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Covance SoftSol Business Description

Address Infocity, Plot No.4, Software Units Layout, Madhapur, Shaikpet, Hyderabad, TG, IND, 500081
Covance SoftSol Ltd is engaged in the business of information and technology services. It offers various services, including business process transformation, data transformation, enterprise application transformation, and tool-assisted modernization, by utilizing technologies such as cloud, artificial intelligence, machine learning, and provides data analytics solutions with an intuitive UX/UI design. The company caters to enterprises from different industries such as healthcare, media, manufacturing, government, insurance, etc. The firm generates a majority of its revenue through the export of services, and the rest from its domestic operations.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹188.70
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