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Intrasoft Technologies (NSE:ISFT) Interest Expense : ₹-119 Mil (TTM As of Mar. 2024)


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What is Intrasoft Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Intrasoft Technologies's interest expense for the three months ended in Mar. 2024 was ₹ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-119 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. Intrasoft Technologies's Operating Income for the three months ended in Mar. 2024 was ₹ 46 Mil. Intrasoft Technologies's Interest Expense for the three months ended in Mar. 2024 was ₹ -32 Mil. Intrasoft Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 1.46. 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.


Intrasoft Technologies Interest Expense Historical Data

The historical data trend for Intrasoft Technologies'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.

Intrasoft Technologies Interest Expense Chart

Intrasoft Technologies 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 -50.77 -30.23 -35.21 -80.75 -118.82

Intrasoft Technologies 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 -28.18 -28.84 -29.75 -28.62 -31.62

Intrasoft Technologies 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 ₹-119 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.


Intrasoft Technologies  (NSE:ISFT) 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.

Intrasoft Technologies's Interest Expense for the three months ended in Mar. 2024 was ₹-32 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,379 Mil.

Intrasoft Technologies'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*46.15/-31.616
=1.46

* 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.


Intrasoft Technologies (NSE:ISFT) Business Description

Traded in Other Exchanges
Address
145, Rash Behari Avenue, Suite 301, Kolkata, WB, IND, 700029
Intrasoft Technologies Ltd is engaged in the retail sale of products and services through the internet. It sells its products through its e-commerce retail platform. Its product profile includes furniture, patio, lawn and garden, musical instruments and gadgets, and art crafts, sports and outdoor, toys, games, kitchen and dining appliances. The majority of the revenue is generated from outside India. It generates revenue from a single business segment of Internet Based Delivery of Services.

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