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GTL (NSE:GTL) Interest Expense : ₹-313 Mil (TTM As of Dec. 2024)


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What is GTL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GTL's interest expense for the three months ended in Dec. 2024 was ₹ -87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-313 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. GTL's Operating Income for the three months ended in Dec. 2024 was ₹ -20 Mil. GTL's Interest Expense for the three months ended in Dec. 2024 was ₹ -87 Mil. GTL did not have earnings to cover the interest expense. 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.


GTL Interest Expense Historical Data

The historical data trend for GTL'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.

GTL Interest Expense Chart

GTL 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 -177.90 -195.50 -219.30 -241.90 -270.30

GTL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -72.85 -58.11 -82.36 -85.11 -87.31

GTL 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-313 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.


GTL  (NSE:GTL) 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.

GTL's Interest Expense for the three months ended in Dec. 2024 was ₹-87 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

GTL's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

GTL did not have earnings to cover the interest expense.

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GTL Ltd interest coverage is 2.99, which is low.


GTL Business Description

Traded in Other Exchanges
Address
29, Walchand Hirachand Marg, 412, Janmabhoomi Chambers, Ballard Estate, Mumbai, MH, IND, 400 001
GTL Ltd is a network service company that offers services and solutions to address the network life cycle requirements of telecom operators, technology providers, and tower companies. It also provides consulting solutions, site acquisition services, and network rollout. The company operates in one business segment which is Network Services. Its service line consists of telecom network services, energy management and operation maintenance, and telecom turnkey projects.

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