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Black Box (NSE:BBOX) Interest Expense : ₹-1,413 Mil (TTM As of Mar. 2024)


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What is Black Box Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Black Box's interest expense for the three months ended in Mar. 2024 was ₹ -405 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,413 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. Black Box's Operating Income for the three months ended in Mar. 2024 was ₹ 958 Mil. Black Box's Interest Expense for the three months ended in Mar. 2024 was ₹ -405 Mil. Black Box's Interest Coverage for the quarter that ended in Mar. 2024 was 2.36. 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.


Black Box Interest Expense Historical Data

The historical data trend for Black Box'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.

Black Box Interest Expense Chart

Black Box 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 -874.40 -399.50 -736.00 -1,112.80 -1,412.50

Black Box 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 -342.80 -334.20 -315.30 -358.00 -405.00

Black Box 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 ₹-1,413 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.


Black Box  (NSE:BBOX) 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.

Black Box's Interest Expense for the three months ended in Mar. 2024 was ₹-405 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹958 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹6,284 Mil.

Black Box'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*957.8/-405
=2.36

* 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.


Black Box (NSE:BBOX) Business Description

Traded in Other Exchanges
Address
Building No. 9, Airoli Knowledge Park, 501, 5th Floor, MIDC Industrial Area, Airoli, Navi Mumbai, MH, IND, 400 708
Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are System Integration (SI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure and data center, cyber security (CYBER-i), and digital transformation and applications.

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