Entertainment Network (India) (BOM:532700) Interest Expense : ₹-154 Mil (TTM As of Mar. 2024)

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What is Entertainment Network (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Entertainment Network (India)'s interest expense for the three months ended in Mar. 2024 was ₹ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-154 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. Entertainment Network (India)'s Operating Income for the three months ended in Mar. 2024 was ₹ 212 Mil. Entertainment Network (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹ -38 Mil. Entertainment Network (India)'s Interest Coverage for the quarter that ended in Mar. 2024 was 5.57. 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.

Entertainment Network (India) Interest Expense Historical Data

The historical data trend for Entertainment Network (India)'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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Entertainment Network (India) Interest Expense Chart

Entertainment Network (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-194.94

-189.09

-173.31

-174.88

-153.77

Entertainment Network (India) 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															-40.30	-38.44	-38.48	-38.85	-38.00

Entertainment Network (India) 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 ₹-154 Mil.

Entertainment Network (India) (BOM:532700) 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.

Entertainment Network (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹-38 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹212 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,608 Mil.

Entertainment Network (India)'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	*	211.607	/	-38.004
	=	5.57

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

Entertainment Network (India) (BOM:532700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Entertainment Network (India) Ltd (BOM:532700) » Definitions » Interest Expense

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ENIL:India

Address

Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.enil.co.in

Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

Entertainment Network (India) (BOM:532700) Headlines

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