Siti Networks (NSE:SITINET) Interest Expense : ₹-1,076 Mil (TTM As of Sep. 2023)

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What is Siti Networks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Siti Networks's interest expense for the three months ended in Sep. 2023 was ₹ -247 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-1,076 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. Siti Networks's Operating Income for the three months ended in Sep. 2023 was ₹ -635 Mil. Siti Networks's Interest Expense for the three months ended in Sep. 2023 was ₹ -247 Mil. Siti Networks 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.

Siti Networks Interest Expense Historical Data

The historical data trend for Siti Networks'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.

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Siti Networks Interest Expense Chart

Siti Networks Annual Data

Trend

Mar14

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Mar23

Interest Expense

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-1,707.16

-1,503.06

-1,227.90

-1,167.73

-1,144.57

Siti Networks Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-288.07	-284.43	-270.34	-273.89	-247.13

Siti Networks 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,076 Mil.

Siti Networks (NSE:SITINET) 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.

Siti Networks's Interest Expense for the three months ended in Sep. 2023 was ₹-247 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₹-635 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₹138 Mil.

Siti Networks's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Siti Networks did not have earnings to cover the interest expense.

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

Siti Networks (NSE:SITINET) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Siti Networks Ltd (NSE:SITINET) » Definitions » Interest Expense

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532795:India

Address

Film City - Plot No. 19 and 20, Sector -16A, Upper Ground Floor, Film City, Noida, UP, IND, 201 301

Website

https://www.sitinetworks.com

Siti Networks Ltd is an Indian-based multi-system cable operator. It is engaged in providing cable television network services, internet services, and allied services. Its products includes High-Speed Broadband, Digital Television, Broadband, Local Television Channels, and Electronic Programming. The company also provides a wide gamut of services ranging from OTT and High-speed gaming ready services to IoT Ready Network with security camera and surveillance services to even business solutions in the ILP & ILL domains. The company operates in a single business segment of cable distribution and earns revenue from the same.

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