Dreamfolks Services (NSE:DREAMFOLKS) Interest Expense : ₹-6 Mil (TTM As of Dec. 2023)

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What is Dreamfolks Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dreamfolks Services's interest expense for the three months ended in Dec. 2023 was ₹ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-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. Dreamfolks Services's Operating Income for the three months ended in Dec. 2023 was ₹ 264 Mil. Dreamfolks Services's Interest Expense for the three months ended in Dec. 2023 was ₹ -3 Mil. Dreamfolks Services's Interest Coverage for the quarter that ended in Dec. 2023 was 92.62. 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.

Dreamfolks Services Interest Expense Historical Data

The historical data trend for Dreamfolks Services'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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Dreamfolks Services Interest Expense Chart

Dreamfolks Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Interest Expense

-3.16

-3.52

-13.94

-9.85

Dreamfolks Services Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial							-2.82	1.30	-2.14	-2.64	-2.85

Dreamfolks Services 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-6 Mil.

Dreamfolks Services (NSE:DREAMFOLKS) 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.

Dreamfolks Services's Interest Expense for the three months ended in Dec. 2023 was ₹-3 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹264 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Dreamfolks Services's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	263.98	/	-2.85
	=	92.62

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dreamfolks Services Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Dreamfolks Services (NSE:DREAMFOLKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dreamfolks Services Ltd (NSE:DREAMFOLKS) » Definitions » Interest Expense

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543591:India

Address

501, Tower 2, Fifth Floor, Worldmark, Sector-65, Gurugram, HR, IND, 122 018

Website

https://www.dreamfolks.in

Dreamfolks Services Ltd is an airport service aggregator platform, an incubator of the industry with its, asset light, capital efficient business model. DreamFolks' provides services to all the Card Networks operating in India including Visa, Mastercard, Diners/Discover and RuPay; and many of India's prominent Card Issuers. It provides with access to a host of services: from door-step to the airport, within the airport, and again from the airport to the door-step at the destination, including Lounges, Food and Beverage, Spa, Meet and Assist, Airport Transfer, Transit Hotels/Nap Room access, and Baggage Transfer.

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