Touchwood Entertainment (NSE:TOUCHWOOD) Interest Expense : ₹-2.3 Mil (TTM As of Dec. 2024)

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What is Touchwood Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Touchwood Entertainment's interest expense for the three months ended in Dec. 2024 was ₹ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-2.3 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. Touchwood Entertainment's Operating Income for the three months ended in Dec. 2024 was ₹ 44.2 Mil. Touchwood Entertainment's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.7 Mil. Touchwood Entertainment's Interest Coverage for the quarter that ended in Dec. 2024 was 62.29. 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.

Touchwood Entertainment Interest Expense Historical Data

The historical data trend for Touchwood Entertainment'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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Touchwood Entertainment Interest Expense Chart

Touchwood Entertainment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1.18

-1.10

-1.22

-1.15

Touchwood Entertainment Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.15	-0.88	-0.37	-0.35	-0.71

Touchwood Entertainment 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-2.3 Mil.

Touchwood Entertainment (NSE:TOUCHWOOD) 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.

Touchwood Entertainment's Interest Expense for the three months ended in Dec. 2024 was ₹-0.7 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹44.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Touchwood Entertainment's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	44.225	/	-0.71
	=	62.29

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

Touchwood Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Touchwood Entertainment Ltd (NSE:TOUCHWOOD) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

26, Thapar Farms Church Road, Mall Road, Opposite Shanti Kunj Main, Vasant kunj, New Delhi, IND, 110070

Website

https://www.touchwood.in

Touchwood Entertainment Ltd specializes in event management. The company offers clients a complete variety of event facilities, ranging from event planning and marketing to production and legal services for events. The services of the company include Destination Weddings, Live Events, Political activations, and Design and Decor amongst others.

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