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Prizor Viztech (NSE:PRIZOR) Interest Expense : ₹ Mil (TTM As of Mar. 2024)


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What is Prizor Viztech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prizor Viztech's interest expense for the six months ended in Mar. 2024 was ₹ -4.6 Mil. Prizor Viztech does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2024.

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. Prizor Viztech's Operating Income for the six months ended in Mar. 2024 was ₹ 82.0 Mil. Prizor Viztech's Interest Expense for the six months ended in Mar. 2024 was ₹ -4.6 Mil. Prizor Viztech's Interest Coverage for the quarter that ended in Mar. 2024 was 17.85. 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.


Prizor Viztech Interest Expense Historical Data

The historical data trend for Prizor Viztech'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.

Prizor Viztech Interest Expense Chart

Prizor Viztech Annual Data
Trend Mar22 Mar23 Mar24
Interest Expense
-1.05 -2.57 -4.59

Prizor Viztech Semi-Annual Data
Mar22 Mar23 Mar24
Interest Expense -1.05 -2.57 -4.59

Prizor Viztech Interest Expense Calculation

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


Prizor Viztech  (NSE:PRIZOR) 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.

Prizor Viztech's Interest Expense for the six months ended in Mar. 2024 was ₹-4.6 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹82.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹49.8 Mil.

Prizor Viztech'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*81.994/-4.593
=17.85

* 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.


Prizor Viztech Business Description

Traded in Other Exchanges
N/A
Address
514, Maple Trade Centre, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380054
Prizor Viztech Ltd is engaged in the business of providing security and surveillance solutions by offering comprehensive range of CCTV cameras which serves different verticals like retail, government, educational and infrastructure, among others. It also provide services including video management software which provides surveillance feature to customers in a single monitor and location. The company's product portfolio is mainly segregated into two parts, namely Security and Surveillance Solutions (network cameras & high-definition analog cameras, network video recorders, digital video recorders); and LED televisions, Monitors & Touch Panels.

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