Gp Eco Solutions India (NSE:GPECO) Interest Expense : ₹ Mil (TTM As of Mar. 2023)

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What is Gp Eco Solutions India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gp Eco Solutions India's interest expense for the six months ended in Mar. 2023 was ₹ -11 Mil. Gp Eco Solutions India does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2023.

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. Gp Eco Solutions India's Operating Income for the six months ended in Mar. 2023 was ₹ 32 Mil. Gp Eco Solutions India's Interest Expense for the six months ended in Mar. 2023 was ₹ -11 Mil. Gp Eco Solutions India's Interest Coverage for the quarter that ended in Mar. 2023 was 2.90. 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.

Gp Eco Solutions India Interest Expense Historical Data

The historical data trend for Gp Eco Solutions India'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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Gp Eco Solutions India Interest Expense Chart

Gp Eco Solutions India Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-1.82

-5.19

-11.16

Gp Eco Solutions India Semi-Annual Data
	Mar21	Mar22	Mar23
Interest Expense	-1.82	-5.19	-11.16

Gp Eco Solutions India Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Gp Eco Solutions India (NSE:GPECO) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gp Eco Solutions India's Interest Expense for the six months ended in Mar. 2023 was ₹-11 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹32 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹9 Mil.

Gp Eco Solutions India'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	*	32.399	/	-11.155
	=	2.90

The higher the ratio, the stronger the company's financial strength is.

Gp Eco Solutions India Business Description

Industry

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Traded in Other Exchanges

N/A

Address

B-39, Sector-59, B Block, Noida, UP, IND, 201301

Website

https://www.gpecosolutions.com

Gp Eco Solutions India Ltd is a Company involved in the distribution of a wide range of solar inverters and solar panels. It serve as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction (EPC) services to the commercial and residential customers. The company is engaged in one segment of installation and operation of solar power project.

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