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Cellecor Gadgets (NSE:CELLECOR) Interest Expense : ₹-74 Mil (TTM As of Mar. 2024)


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What is Cellecor Gadgets Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cellecor Gadgets's interest expense for the six months ended in Mar. 2024 was ₹ -74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-74 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. Cellecor Gadgets's Operating Income for the six months ended in Mar. 2024 was ₹ 291 Mil. Cellecor Gadgets's Interest Expense for the six months ended in Mar. 2024 was ₹ -74 Mil. Cellecor Gadgets's Interest Coverage for the quarter that ended in Mar. 2024 was 3.93. 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.


Cellecor Gadgets Interest Expense Historical Data

The historical data trend for Cellecor Gadgets'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.

* Premium members only.

Cellecor Gadgets Interest Expense Chart

Cellecor Gadgets Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
- -0.05 -15.13 -73.98

Cellecor Gadgets Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Interest Expense - -0.05 -15.13 -73.98

Cellecor Gadgets Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-74 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.


Cellecor Gadgets  (NSE:CELLECOR) 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.

Cellecor Gadgets's Interest Expense for the six months ended in Mar. 2024 was ₹-74 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹291 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹4 Mil.

Cellecor Gadgets'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*291.092/-73.978
=3.93

* 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.


Cellecor Gadgets Business Description

Traded in Other Exchanges
N/A
Address
Unit No. 703, 7th Floor, Jaksons Crown Heights, Plot No. 3BI, Twin District Centre, Sector 10 Rohini, Rithala, Delhi, IND, 110085
Cellecor Gadgets Ltd is engaged in the procurement, branding, and distribution of televisions, mobile phones, Smart Wearables, mobile accessories, smart watches, and neckbands. The company sells its products under its flagship brand, CELLECOR.

Cellecor Gadgets Headlines

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