Richa Info Systems (NSE:RICHASMN) Interest Expense : ₹-14.9 Mil (TTM As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Richa Info Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Richa Info Systems's interest expense for the six months ended in Mar. 2023 was ₹ -9.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-14.9 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. Richa Info Systems's Operating Income for the six months ended in Mar. 2023 was ₹ 18.7 Mil. Richa Info Systems's Interest Expense for the six months ended in Mar. 2023 was ₹ -9.2 Mil. Richa Info Systems's Interest Coverage for the quarter that ended in Mar. 2023 was 2.03. 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.

Richa Info Systems Interest Expense Historical Data

The historical data trend for Richa Info Systems'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.

Richa Info Systems Interest Expense Chart

Richa Info Systems Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

-0.75

-1.61

-2.64

-4.98

-14.91

Richa Info Systems Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Interest Expense	Get a 7-Day Free Trial			-	-2.28	-2.70	-5.70	-9.21

Richa Info Systems 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-14.9 Mil.

Richa Info Systems (NSE:RICHASMN) 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.

Richa Info Systems's Interest Expense for the six months ended in Mar. 2023 was ₹-9.2 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹18.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹84.9 Mil.

Richa Info Systems's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2023 )	/	Interest Expense (Q: Mar. 2023 )
	=	-1	*	18.738	/	-9.211
	=	2.03

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

Richa Info Systems (NSE:RICHASMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Richa Info Systems Ltd (NSE:RICHASMN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Opposite Copper Stone, Thaltej-Shilaj Road, Corporate House No. 17, Times Corporate Park, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.richainfosys.com

Richa Info Systems Ltd is engaged in the business of assembling innovative products and systems. It is an innovative company in the field of Education Technology, Collaborative Conferencing and Professional Displays, Security and Surveillance, and Interactive Flat Panels. The majority of revenue is derived from the Interactive Flat panel.

Richa Info Systems (NSE:RICHASMN) Headlines

No Headlines