GURUFOCUS.COM » STOCK LIST » Technology » Software » Firstsource Solutions Ltd (NSE:FSL) » Definitions » Interest Expense

Firstsource Solutions (NSE:FSL) Interest Expense : ₹-1,034 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Firstsource Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Firstsource Solutions's interest expense for the three months ended in Mar. 2024 was ₹ -265 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,034 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. Firstsource Solutions's Operating Income for the three months ended in Mar. 2024 was ₹ 1,830 Mil. Firstsource Solutions's Interest Expense for the three months ended in Mar. 2024 was ₹ -265 Mil. Firstsource Solutions's Interest Coverage for the quarter that ended in Mar. 2024 was 6.90. 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.

Firstsource Solutions Interest Expense Historical Data

The historical data trend for Firstsource Solutions'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.

Firstsource Solutions Interest Expense Chart

Firstsource Solutions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -583.21 -522.30 -639.39 -789.70 -1,033.85

Firstsource Solutions 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -206.70 -253.70 -260.66 -254.24 -265.25

Firstsource Solutions 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 ₹-1,034 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.

Firstsource Solutions  (NSE:FSL) 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.

Firstsource Solutions's Interest Expense for the three months ended in Mar. 2024 was ₹-265 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,830 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹5,756 Mil.

Firstsource Solutions'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*1830.03/-265.25
=6.90

* 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.

Firstsource Solutions (NSE:FSL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Firstsource Solutions Ltd (NSE:FSL) » Definitions » Interest Expense
Comparable Companies
BOM:504067 BOM:532805 BOM:543232 BOM:532927 BOM:543227 BOM:532400 BOM:523704 BOM:532735 BOM:538891 BOM:532221 ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
532809:India
Address
Mindspace, Link Road, 5th Floor, Paradigm ‘B’ Wing, Malad (West), Mumbai, MH, IND, 400 064
Website
https://www.firstsource.com
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.

Firstsource Solutions (NSE:FSL) Headlines

From GuruFocus

Weekly Guru Bargains Highlights: FSL, PWE, QLIK, MRVL, MSCI

By hyperman299 GuruFocus • 11-12-2012

WEEKLY CFO SELLS HIGHLIGHT: FSL, HOT, VRSK, HTZ

By Jimmy Xiao gurujx • 04-21-2013

Freescale - Demand for This Company's Products on the Rise

By Doug Ehrman Doug Ehrman • 01-23-2012

Weekly Insider Sells Highlight: FSL, IMS, EA, PANW

By Jimmy Xiao gurujx • 05-17-2015