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SecureKloud Technologies (NSE:SECURKLOUD) Interest Expense : ₹-154 Mil (TTM As of Mar. 2024)


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What is SecureKloud Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SecureKloud Technologies's interest expense for the three months ended in Mar. 2024 was ₹ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-154 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. SecureKloud Technologies's Operating Income for the three months ended in Mar. 2024 was ₹ -158 Mil. SecureKloud Technologies's Interest Expense for the three months ended in Mar. 2024 was ₹ -26 Mil. SecureKloud Technologies 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.


SecureKloud Technologies Interest Expense Historical Data

The historical data trend for SecureKloud Technologies'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.

SecureKloud Technologies Interest Expense Chart

SecureKloud Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -130.27 -120.03 -119.55 -103.16 -154.35

SecureKloud Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.08 -34.45 -52.21 -41.99 -25.70

SecureKloud Technologies 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-154 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.


SecureKloud Technologies  (NSE:SECURKLOUD) 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.

SecureKloud Technologies's Interest Expense for the three months ended in Mar. 2024 was ₹-26 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-158 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹373 Mil.

SecureKloud Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

SecureKloud Technologies did not have earnings to cover the interest expense.

* 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.


SecureKloud Technologies (NSE:SECURKLOUD) Business Description

Traded in Other Exchanges
Address
Venkat Narayana Road, No. 37 and 38, ASV Ramana Towers, 5th Floor, T. Nagar, Chennai, TN, IND, 600 017
SecureKloud Technologies Ltd is a cloud-native company with a combination of products, frameworks, and services, designed to solve problems around Blockchain, Cloud, Enterprise Security, Decision Engineering, and Managed Services. The company provides Cloud Expertise Spans Security, Automation, and Analytics and has partnerships with Amazon Web Services, Microsoft Azure, IBM, Google Cloud Platform, and VMWare. Geographically, it derives a majority of its revenue from India.

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