Winsol Engineers (NSE:WINSOL) Interest Expense : ₹-3.5 Mil (TTM As of Sep. 2024)

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What is Winsol Engineers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Winsol Engineers's interest expense for the six months ended in Sep. 2024 was ₹ -3.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-3.5 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. Winsol Engineers's Operating Income for the six months ended in Sep. 2024 was ₹ 84.5 Mil. Winsol Engineers's Interest Expense for the six months ended in Sep. 2024 was ₹ -3.5 Mil. Winsol Engineers's Interest Coverage for the quarter that ended in Sep. 2024 was 24.37. 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.

Winsol Engineers Interest Expense Historical Data

The historical data trend for Winsol Engineers'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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Winsol Engineers Interest Expense Chart

Winsol Engineers Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-4.49

-4.80

-5.98

Winsol Engineers Semi-Annual Data
	Mar21	Mar22	Mar23	Sep24
Interest Expense	-	-	-	-3.47

Winsol Engineers 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 ₹-3.5 Mil.

Winsol Engineers (NSE:WINSOL) 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.

Winsol Engineers's Interest Expense for the six months ended in Sep. 2024 was ₹-3.5 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹84.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹12.8 Mil.

Winsol Engineers'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	*	84.537	/	-3.469
	=	24.37

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

Winsol Engineers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Winsol Engineers Ltd (NSE:WINSOL) » Definitions » Interest Expense

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Address

Shop No. 301, Madhav Commercial Complex, Near Crystal Mall, Khodiyar Colony, Jamnagar, GJ, IND, 361006

Website

https://www.winsol.info

Winsol Engineers Ltd is an integrated engineering, procurement, construction and commissioning company providing Balance of Plant (BoP) Solutions for both Wind and Solar power generation companies. Its services for BoP Solutions includes Foundation work, Substation Civil and Electrical work, Right of Way services, Cabling to substation and Grid, and Miscellaneous work.

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