Prajay Engineers Syndicate (NSE:PRAENG) Interest Expense : ₹-2.5 Mil (TTM As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Prajay Engineers Syndicate Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prajay Engineers Syndicate's interest expense for the three months ended in Sep. 2024 was ₹ -1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-2.5 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. Prajay Engineers Syndicate's Operating Income for the three months ended in Sep. 2024 was ₹ -64.8 Mil. Prajay Engineers Syndicate's Interest Expense for the three months ended in Sep. 2024 was ₹ -1.3 Mil. Prajay Engineers Syndicate 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.

Prajay Engineers Syndicate Interest Expense Historical Data

The historical data trend for Prajay Engineers Syndicate'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.

Prajay Engineers Syndicate Interest Expense Chart

Prajay Engineers Syndicate Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-48.94

-56.49

-47.93

-37.37

-22.15

Prajay Engineers Syndicate Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-16.25	-0.39	0.03	-0.84	-1.29

Prajay Engineers Syndicate 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 ₹-2.5 Mil.

Prajay Engineers Syndicate (NSE:PRAENG) 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.

Prajay Engineers Syndicate's Interest Expense for the three months ended in Sep. 2024 was ₹-1.3 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹-64.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹1,449.6 Mil.

Prajay Engineers Syndicate's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Prajay Engineers Syndicate did not have earnings to cover the interest expense.

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

Prajay Engineers Syndicate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prajay Engineers Syndicate Ltd (NSE:PRAENG) » Definitions » Interest Expense

Traded in Other Exchanges

531746:India

Address

Prajay Corporate House, 1-10-63 and 64, 5th Floor, Chikoti Gardens, Begumpet, Hyderabad, TG, IND, 500016

Website

https://www.prajayengineers.com

Prajay Engineers Syndicate Ltd is a real estate company. Its operating segment includes the Real estate segment and Hospitality Hotels and Resorts. It generates maximum revenue from the Real estate segment which is into development, sale, management, and operation of all or any part of townships, housing projects as well as leasing of self-owned commercial premises. The hotels and resorts segment (HR) is involved in the upkeep and maintenance of hotels, restaurants, and resorts. Geographically, it operates only in India.

Prajay Engineers Syndicate Headlines

No Headlines