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Quest Softech (India) (BOM:535719) Interest Expense : ₹-6.97 Mil (TTM As of Mar. 2024)


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What is Quest Softech (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quest Softech (India)'s interest expense for the three months ended in Mar. 2024 was ₹ -1.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-6.97 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. Quest Softech (India)'s Operating Income for the three months ended in Mar. 2024 was ₹ -1.63 Mil. Quest Softech (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹ -1.17 Mil. Quest Softech (India) 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.

Quest Softech (India) Interest Expense Historical Data

The historical data trend for Quest Softech (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.

* Premium members only.

Quest Softech (India) Interest Expense Chart

Quest Softech (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.05 -5.14

Quest Softech (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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -3.06 -1.33 -1.41 -1.17

Quest Softech (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 ₹-6.97 Mil.

* 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.

Quest Softech (India)  (BOM:535719) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quest Softech (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹-1.17 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-1.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.55 Mil.

Quest Softech (India)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Quest Softech (India) did not have earnings to cover the interest expense.

* 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.

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

Quest Softech (India) (BOM:535719) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Quest Softech (India) Ltd (BOM:535719) » Definitions » Interest Expense
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Traded in Other Exchanges
890194:India
Address
Cabin No. 11, 7th Floor, Times Square, Andheri Workflo, Next to Sai Service, Andheri East, Mumbai, MH, IND, 400069
Website
https://www.questsoftech.co.in
Quest Softech (India) Ltd is engaged in the business of Software and Hardware Consultancy services related to the preparation and maintenance of accounting, statistical, scientific or mathematical information and reports in India. The company provides data processing, systems integration services, project management, development, and execution. The Company operates in Electric vehicle charger sales and services and allied services which is the only reportable segment.

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