Synoptics Technologies (NSE:SYNOPTICS) Interest Expense : ₹ Mil (TTM As of Mar. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Synoptics Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Synoptics Technologies's interest expense for the six months ended in Mar. 2022 was ₹ -13.2 Mil. Synoptics Technologies does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2022.

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. Synoptics Technologies's Operating Income for the six months ended in Mar. 2022 was ₹ 72.1 Mil. Synoptics Technologies's Interest Expense for the six months ended in Mar. 2022 was ₹ -13.2 Mil. Synoptics Technologies's Interest Coverage for the quarter that ended in Mar. 2022 was 5.45. 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.

Synoptics Technologies Interest Expense Historical Data

The historical data trend for Synoptics 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.

Synoptics Technologies Interest Expense Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Interest Expense

-14.42

-13.95

-13.23

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Interest Expense	-14.42	-13.95	-13.23

Synoptics Technologies Interest Expense Calculation

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

Synoptics Technologies (NSE:SYNOPTICS) 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.

Synoptics Technologies's Interest Expense for the six months ended in Mar. 2022 was ₹-13.2 Mil. Its Operating Income for the six months ended in Mar. 2022 was ₹72.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2022 was ₹54.5 Mil.

Synoptics Technologies's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2022 )	/	Interest Expense (Q: Mar. 2022 )
	=	-1	*	72.069	/	-13.226
	=	5.45

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

Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

Synoptics Technologies (NSE:SYNOPTICS) Headlines

No Headlines