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Geojit Financial Services (NSE:GEOJITFSL) Interest Expense : ₹-148 Mil (TTM As of Mar. 2024)


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What is Geojit Financial Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Geojit Financial Services's interest expense for the three months ended in Mar. 2024 was ₹ -73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-148 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. Geojit Financial Services's Operating Income for the three months ended in Mar. 2024 was ₹ 375 Mil. Geojit Financial Services's Interest Expense for the three months ended in Mar. 2024 was ₹ -73 Mil. Geojit Financial Services's Interest Coverage for the quarter that ended in Mar. 2024 was 5.16. 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.


Geojit Financial Services Interest Expense Historical Data

The historical data trend for Geojit Financial Services'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.

Geojit Financial Services Interest Expense Chart

Geojit Financial Services 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 -28.88 -30.92 -51.91 -80.69 -168.88

Geojit Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -22.26 -25.97 -28.11 -47.33 -72.72

Geojit Financial Services 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 ₹-148 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.


Geojit Financial Services  (NSE:GEOJITFSL) 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.

Geojit Financial Services's Interest Expense for the three months ended in Mar. 2024 was ₹-73 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹375 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹3,977 Mil.

Geojit Financial Services'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*375.301/-72.717
=5.16

* 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.


Geojit Financial Services (NSE:GEOJITFSL) Business Description

Traded in Other Exchanges
Address
34/659-P, Civil Line Road, 11th Floor, Padivattom, Kochi, KL, IND, 682024
Geojit Financial Services Ltd is an investment services company. The company's operating segment includes Financial Services and Software services. Financial services segment consists of brokerage services, depository services, financial products distribution services, portfolio management services, and other allied activities. The Software services segment consists of income from the development and maintenance of software. It generates maximum revenue from the Financial Services segment. The geographical segments of the group are India and other countries.

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