Adroit Infotech (BOM:890196) Interest Expense : ₹-4.6 Mil (TTM As of Dec. 2024)

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What is Adroit Infotech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adroit Infotech's interest expense for the three months ended in Dec. 2024 was ₹ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-4.6 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. Adroit Infotech's Operating Income for the three months ended in Dec. 2024 was ₹ 4.6 Mil. Adroit Infotech's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.2 Mil. Adroit Infotech's Interest Coverage for the quarter that ended in Dec. 2024 was 27.89. 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.

Adroit Infotech Interest Expense Historical Data

The historical data trend for Adroit Infotech'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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Adroit Infotech Interest Expense Chart

Adroit Infotech Annual Data

Trend

Mar15

Mar16

Mar17

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Mar19

Mar20

Mar21

Mar22

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Mar24

Interest Expense

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-2.14

-1.51

-1.48

-3.17

-2.91

Adroit Infotech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.31	-1.73	-0.91	-1.83	-0.17

Adroit Infotech 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-4.6 Mil.

Adroit Infotech (BOM:890196) 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.

Adroit Infotech's Interest Expense for the three months ended in Dec. 2024 was ₹-0.2 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹4.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Adroit Infotech's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4.602	/	-0.165
	=	27.89

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

Adroit Infotech Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Adroit Infotech Ltd (BOM:890196) » Definitions » Interest Expense

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ADROITINFO:India 532172:India

Address

Road Number 12, Banjara Hills, Plot Number 7A, MLA Colony, Hyderabad, TG, IND, 500034

Website

https://www.adroitinfotech.com

Adroit Infotech Ltd is a SAP Consulting company. The company services include 4 Hana Enterprise Management; Data Analytics and Mobility; Conventional SAP ECC; Next Generation Products; and Migrations to Hana. The company offers network solutions like the Internet, Network Management Services, Data Centre and Co-Location Services and Enterprise Mailing Solutions. The company derives revenues essentially from business IT services comprising software development and related services, consulting, and package implementation. Geographically the company generates the majority of its revenue from foreign.

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