Kontor Space (NSE:KONTOR) Interest Expense : ₹-5.9 Mil (TTM As of Mar. 2024)

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What is Kontor Space Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kontor Space's interest expense for the six months ended in Mar. 2024 was ₹ -5.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5.9 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. Kontor Space's Operating Income for the six months ended in Mar. 2024 was ₹ 26.2 Mil. Kontor Space's Interest Expense for the six months ended in Mar. 2024 was ₹ -5.9 Mil. Kontor Space's Interest Coverage for the quarter that ended in Mar. 2024 was 4.48. 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.

Kontor Space Interest Expense Historical Data

The historical data trend for Kontor Space'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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Kontor Space Interest Expense Chart

Kontor Space Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-1.13

-1.32

-5.37

-5.85

Kontor Space Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Interest Expense	-1.13	-1.32	-5.37	-5.85

Kontor Space Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5.9 Mil.

Kontor Space (NSE:KONTOR) 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.

Kontor Space's Interest Expense for the six months ended in Mar. 2024 was ₹-5.9 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹26.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹46.5 Mil.

Kontor Space'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	*	26.202	/	-5.85
	=	4.48

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

Kontor Space Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kontor Space Ltd (NSE:KONTOR) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Ashar IT, Park Road No. 16 Z, Office No. A1 & B1, 9th Floor, Wagle Industrial Estate, Thane West, Thane, MH, IND, 400604

Website

https://www.kontorspace.in

Kontor Space Ltd provides space-as-a-service by renting and managing commercial spaces. It aims to foster a culture of collaboration and productivity by offering flexibility, convenience, and astounding quality at a significantly competitive price to its clients ranging from small-scale startups to large conglomerates.

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