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Netweb Technologies India (NSE:NETWEB) Interest Expense : ₹-54 Mil (TTM As of Sep. 2024)


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What is Netweb Technologies India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Netweb Technologies India's interest expense for the three months ended in Sep. 2024 was ₹ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-54 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. Netweb Technologies India's Operating Income for the three months ended in Sep. 2024 was ₹ 331 Mil. Netweb Technologies India's Interest Expense for the three months ended in Sep. 2024 was ₹ -7 Mil. Netweb Technologies India's Interest Coverage for the quarter that ended in Sep. 2024 was 50.34. 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.

Netweb Technologies India Interest Expense Historical Data

The historical data trend for Netweb Technologies 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.

* Premium members only.

Netweb Technologies India Interest Expense Chart

Netweb Technologies India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-17.57 -23.68 -28.52 -29.34 -55.74

Netweb Technologies India Quarterly Data
Mar20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.21 -18.00 -21.97 -7.75 -6.57

Netweb Technologies India 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-54 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.

Netweb Technologies India  (NSE:NETWEB) 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.

Netweb Technologies India's Interest Expense for the three months ended in Sep. 2024 was ₹-7 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹331 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹62 Mil.

Netweb Technologies India's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*330.72/-6.57
=50.34

* 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.

Netweb Technologies India Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Netweb Technologies India Ltd (NSE:NETWEB) » Definitions » Interest Expense
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BOM:543932 BOM:532513 BOM:543713 BOM:532373 BOM:532413 NSE:WOL3D BOM:544287 BOM:517044 BOM:532354 BOM:517399 ANET DELL SHSE:688041 SZSE:002415 TPE:2382 HPQ TSE:7751 NTAP WDC PSTG
Traded in Other Exchanges
543945:India
Address
Plot No H-1, Pocket 9, Faridabad Industrial Town, (FIT), Sector-57, Ballabhgarh, Faridabad, HR, IND, 121004
Website
https://www.netwebindia.com
Netweb Technologies India Ltd is one of India's high-end computing solutions (HCS) providers, with fully integrated design and manufacturing capabilities. Its HCS offerings comprise; high-performance computing (Supercomputing / HPC) systems; private cloud and hyper-converged infrastructure (HCI); AI systems and enterprise workstations; high-performance storage (HPS / Enterprise Storage System) solutions; data center servers; and software and services for its HCS offerings. The company design, manufacture and deploy its HCS comprising proprietary middleware solutions, end-user utilities and precompiled application stack.

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