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EMS (NSE:EMSLIMITED) Interest Expense : ₹-63 Mil (TTM As of Mar. 2024)


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What is EMS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EMS's interest expense for the six months ended in Mar. 2024 was ₹ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-63 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. EMS's Operating Income for the six months ended in Mar. 2024 was ₹ 1,105 Mil. EMS's Interest Expense for the six months ended in Mar. 2024 was ₹ -30 Mil. EMS's Interest Coverage for the quarter that ended in Mar. 2024 was 37.21. 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.


EMS Interest Expense Historical Data

The historical data trend for EMS'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.

EMS Interest Expense Chart

EMS Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-11.97 -4.45 -0.24 -38.41 -62.84

EMS Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial - -14.18 13.39 -33.15 -29.69

EMS 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-63 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.


EMS  (NSE:EMSLIMITED) 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.

EMS's Interest Expense for the six months ended in Mar. 2024 was ₹-30 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹1,105 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹704 Mil.

EMS'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*1104.747/-29.693
=37.21

* 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.


EMS (NSE:EMSLIMITED) Business Description

Traded in Other Exchanges
Address
C-88, Raj Nagar District Centre, Second Floor, Raj Nagar, Ghaziabad, UP, IND, 201002
EMS Ltd is a multi-disciplinary Engineering, Procurement, and Construction company. It is engaged in the business of Sewerage contractors, Sewerage Treatment Plants (STP) Works, and Electricity transmission and distribution. The company is engaged in the business of providing turnkey services in water and wastewater collection, treatment and disposal, Gravity and Pressure Pipeline Networks, Reservoirs, and Pump houses along with complete Electro-Mechanical solutions.

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