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Dynamic Services & Security (NSE:DYNAMIC) Interest Expense : ₹-26.8 Mil (TTM As of Mar. 2023)


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What is Dynamic Services & Security Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dynamic Services & Security's interest expense for the six months ended in Mar. 2023 was ₹ -26.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-26.8 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. Dynamic Services & Security's Operating Income for the six months ended in Mar. 2023 was ₹ 53.8 Mil. Dynamic Services & Security's Interest Expense for the six months ended in Mar. 2023 was ₹ -26.8 Mil. Dynamic Services & Security's Interest Coverage for the quarter that ended in Mar. 2023 was 2.01. 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.


Dynamic Services & Security Interest Expense Historical Data

The historical data trend for Dynamic Services & Security'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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Dynamic Services & Security Interest Expense Chart

Dynamic Services & Security Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
- -0.01 -29.94 -23.82 -26.80

Dynamic Services & Security Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense - -0.01 -29.94 -23.82 -26.80

Dynamic Services & Security 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. 2023 was ₹-26.8 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.


Dynamic Services & Security  (NSE:DYNAMIC) 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.

Dynamic Services & Security's Interest Expense for the six months ended in Mar. 2023 was ₹-26.8 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹53.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹67.0 Mil.

Dynamic Services & Security's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*53.77/-26.803
=2.01

* 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.


Dynamic Services & Security Business Description

Traded in Other Exchanges
N/A
Address
375, Dakshindari Road, Kolkata, WB, IND, 700048
Dynamic Services & Security Ltd offers manpower solution services in the field of mechanized cleaning, catering, housekeeping, security, logistics, contractual services, and other services.

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