RDZN (Roadzen) Interest Expense : $-3.27 Mil (TTM As of Dec. 2024)

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What is Roadzen Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Roadzen's interest expense for the three months ended in Dec. 2024 was $ -1.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-3.27 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. Roadzen's Operating Income for the three months ended in Dec. 2024 was $ -3.17 Mil. Roadzen's Interest Expense for the three months ended in Dec. 2024 was $ -1.09 Mil. Roadzen 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.

Roadzen Interest Expense Historical Data

The historical data trend for Roadzen'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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Roadzen Interest Expense Chart

Roadzen Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.01

-0.05

-0.78

-2.29

Roadzen Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial							-0.72	-0.73	-0.82	-0.63	-1.09

Roadzen 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 $-3.27 Mil.

Roadzen (NAS:RDZN) 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.

Roadzen's Interest Expense for the three months ended in Dec. 2024 was $-1.09 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-3.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.47 Mil.

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

Roadzen did not have earnings to cover the interest expense.

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

Roadzen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Roadzen Inc (NAS:RDZN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Anza Boulevard, Suite 109, Burlingame, CA, USA, 94010

Website

https://www.roadzen.io

Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. The company's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.