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Spectrum Talent Management (NSE:SPECTSTM) Interest Expense : ₹-2 Mil (TTM As of Sep. 2024)


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What is Spectrum Talent Management Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spectrum Talent Management's interest expense for the six months ended in Sep. 2024 was ₹ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-2 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. Spectrum Talent Management's Operating Income for the six months ended in Sep. 2024 was ₹ 34 Mil. Spectrum Talent Management's Interest Expense for the six months ended in Sep. 2024 was ₹ -1 Mil. Spectrum Talent Management's Interest Coverage for the quarter that ended in Sep. 2024 was 43.36. 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.


Spectrum Talent Management Interest Expense Historical Data

The historical data trend for Spectrum Talent Management'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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Spectrum Talent Management Interest Expense Chart

Spectrum Talent Management Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-0.80 -1.01 -0.89 -6.42 -3.49

Spectrum Talent Management Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial -2.53 -3.89 -2.12 -1.37 -0.78

Spectrum Talent Management 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-2 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.


Spectrum Talent Management  (NSE:SPECTSTM) 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.

Spectrum Talent Management's Interest Expense for the six months ended in Sep. 2024 was ₹-1 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹34 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹3 Mil.

Spectrum Talent Management's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*33.82/-0.78
=43.36

* 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.


Spectrum Talent Management Business Description

Traded in Other Exchanges
N/A
Address
Sector - 63, Block C, Plot no. C-142, Noida, UP, IND, 201301
Spectrum Talent Management Ltd is a renowned human resource and staffing service provider. The company offers a wide array of services such as staffing, recruitment, apprenticeship, Payroll, Onboarding and flexible staffing. It satisfies the firm's staffing, and recruitment needs globally through this specialized rich knowledge. The company's business segment includes Manpower supply, Recruitment and related services, and Electronic goods. The company generates the majority of its revenue from the Manpower supply, Recruitment, and related services segment.

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