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Digikore Studios (NSE:DIGIKORE) Interest Expense : ₹-13.9 Mil (TTM As of Sep. 2024)


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What is Digikore Studios Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digikore Studios's interest expense for the six months ended in Sep. 2024 was ₹ -9.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-13.9 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. Digikore Studios's Operating Income for the six months ended in Sep. 2024 was ₹ 47.4 Mil. Digikore Studios's Interest Expense for the six months ended in Sep. 2024 was ₹ -9.5 Mil. Digikore Studios's Interest Coverage for the quarter that ended in Sep. 2024 was 4.98. 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.


Digikore Studios Interest Expense Historical Data

The historical data trend for Digikore Studios'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.

Digikore Studios Interest Expense Chart

Digikore Studios Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-7.32 -3.99 -7.20 -12.03

Digikore Studios Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial - - -7.70 -4.33 -9.52

Digikore Studios 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 ₹-13.9 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.


Digikore Studios  (NSE:DIGIKORE) 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.

Digikore Studios's Interest Expense for the six months ended in Sep. 2024 was ₹-9.5 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹47.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹86.0 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*47.448/-9.522
=4.98

* 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.


Digikore Studios Business Description

Traded in Other Exchanges
N/A
Address
Lalwani Tirumph, 4th Floor, Sakore Nagar, Viman Nagar, Pune, MH, IND, 411014
Digikore Studios Ltd serves as a hub for top-tier industry talent. Having a production facility in India, It specializes in delivering Visual Effects (VFX) for a diverse range of projects such as Films, Web Series, TV Series, Documentaries, and Commercials, all while maintaining emphasis on cost-effectiveness. The company provides Visual Effects services such as Animation, Comics, Roto, matchmaking, paints for Films, TV series, Web series, Documentaries & commercials, and the creation of sets for virtual Production. Geographically, the company generates the majority of its revenue from Outside India.

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