Bright Solar (NSE:BRIGHT) Interest Expense : ₹0.05 Mil (TTM As of Sep. 2024)

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What is Bright Solar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bright Solar's interest expense for the six months ended in Sep. 2024 was ₹ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹0.05 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. Bright Solar's Operating Income for the six months ended in Sep. 2024 was ₹ -1.53 Mil. Bright Solar's Interest Expense for the six months ended in Sep. 2024 was ₹ -0.01 Mil. Bright Solar 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.

Bright Solar Interest Expense Historical Data

The historical data trend for Bright Solar'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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Bright Solar Interest Expense Chart

Bright Solar Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.76

-2.74

-0.50

-0.34

-0.16

Bright Solar Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial														-0.22	-0.12	-0.22	0.06	-0.01

Bright Solar 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.05 Mil.

Bright Solar (NSE:BRIGHT) 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.

Bright Solar's Interest Expense for the six months ended in Sep. 2024 was ₹-0.01 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹-1.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹8.69 Mil.

Bright Solar's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Bright Solar did not have earnings to cover the interest expense.

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

Bright Solar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Bright Solar Ltd (NSE:BRIGHT) » Definitions » Interest Expense

Traded in Other Exchanges

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Address

Thaltej Cross Road, S.G. Highway, C-602, Titanium Square, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.brightsolarltd.com

Bright Solar Ltd is engaged in the business of manufacturing of solar pump and pumping system & other solar products and Infrastructure projects which includes Rural water supply projects & EPC projects of Water treatment & Sewerage treatment plant unit. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Sale of Services- Installation of Systems and Consulting of Project Tendering, Infrastructure projects, FMCG Business and Drone Services Business. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

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