Cyient (NSE:CYIENT) Interest Expense : ₹-1,160 Mil (TTM As of Mar. 2024)

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What is Cyient Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cyient's interest expense for the three months ended in Mar. 2024 was ₹ -324 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,160 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. Cyient's Operating Income for the three months ended in Mar. 2024 was ₹ 2,681 Mil. Cyient's Interest Expense for the three months ended in Mar. 2024 was ₹ -324 Mil. Cyient's Interest Coverage for the quarter that ended in Mar. 2024 was 8.27. 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.

Cyient Interest Expense Historical Data

The historical data trend for Cyient'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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Cyient Interest Expense Chart

Cyient Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-486.00

-434.00

-393.00

-1,000.00

-1,160.00

Cyient Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-262.00	-278.00	-270.00	-288.00	-324.00

Cyient 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 ₹-1,160 Mil.

Cyient (NSE:CYIENT) 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.

Cyient's Interest Expense for the three months ended in Mar. 2024 was ₹-324 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,681 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹5,248 Mil.

Cyient'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	*	2681	/	-324
	=	8.27

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

Cyient (NSE:CYIENT) Business Description

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532175:India

Address

A Wing, Plot No. 11, 4th Floor, Software Units Layout, Infocity, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.cyient.com

Cyient Ltd provides a variety of information technology, or IT, and engineering services. The firm organizes itself into two segments based on customer type and reported as either services or design led manufacturing revenue. Services is by far the largest activity. The industries served are aerospace and defense, communications, energy and utilities, transportation, medical and healthcare, semiconductor, and portfolio, which focuses on development implementation of new technologies for all sectors. The majority of the company's revenue comes from the Americas.

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