ABM Knowledgeware (BOM:531161) Interest Expense : ₹-2.6 Mil (TTM As of Mar. 2024)

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What is ABM Knowledgeware Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ABM Knowledgeware's interest expense for the three months ended in Mar. 2024 was ₹ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2.6 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. ABM Knowledgeware's Operating Income for the three months ended in Mar. 2024 was ₹ 66.5 Mil. ABM Knowledgeware's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.4 Mil. ABM Knowledgeware's Interest Coverage for the quarter that ended in Mar. 2024 was 183.74. 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.

ABM Knowledgeware Interest Expense Historical Data

The historical data trend for ABM Knowledgeware'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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ABM Knowledgeware Interest Expense Chart

ABM Knowledgeware Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-2.83

-4.75

-0.15

-2.63

-2.58

ABM Knowledgeware Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.51	-0.82	-0.69	-0.71	-0.36

ABM Knowledgeware 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-2.6 Mil.

ABM Knowledgeware (BOM:531161) 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.

ABM Knowledgeware's Interest Expense for the three months ended in Mar. 2024 was ₹-0.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹66.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

ABM Knowledgeware's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	66.515	/	-0.362
	=	183.74

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

Good Sign:

ABM Knowledgeware Ltd has no debt.

ABM Knowledgeware (BOM:531161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ABM Knowledgeware Ltd (BOM:531161) » Definitions » Interest Expense

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Address

Plot Number 268, Linking Road, ABM House, Bandra (West), Mumbai, MH, IND, 400050

Website

https://www.abmindia.com

ABM Knowledgeware Ltd is an information technology company. It is a software and services company engaged in computer programming, consultancy, and other related activities. The company also focuses on e-governance activities, information security, and technology-enabled applications. The service line of the company consists of e-municipality, enterprise resource planning practice, utilities, tourism portal, double-entry accounting reform, tax revenue reforms, cyber security, and customer relationship management. The business operates in one business segment which is Software and Services. The company offers its services only to Indian customers.

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