Educomp Solutions (NSE:EDUCOMP) Interest Expense : ₹-41.76 Mil (TTM As of Dec. 2023)

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What is Educomp Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Educomp Solutions's interest expense for the three months ended in Dec. 2023 was ₹ -14.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-41.76 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. Educomp Solutions's Operating Income for the three months ended in Dec. 2023 was ₹ -8.73 Mil. Educomp Solutions's Interest Expense for the three months ended in Dec. 2023 was ₹ -14.53 Mil. Educomp Solutions 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.

Educomp Solutions Interest Expense Historical Data

The historical data trend for Educomp Solutions'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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Educomp Solutions Interest Expense Chart

Educomp Solutions Annual Data

Trend

Mar14

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Mar23

Interest Expense

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-47.76

-54.48

-39.29

-44.75

-50.90

Educomp Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-12.74	-12.72	-12.72	-14.51	-14.53

Educomp Solutions 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 ₹-41.76 Mil.

Educomp Solutions (NSE:EDUCOMP) 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.

Educomp Solutions's Interest Expense for the three months ended in Dec. 2023 was ₹-14.53 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-8.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

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

Educomp Solutions did not have earnings to cover the interest expense.

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

Educomp Solutions (NSE:EDUCOMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Educomp Solutions Ltd (NSE:EDUCOMP) » Definitions » Interest Expense

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Traded in Other Exchanges

532696:India

Address

Educomp Towers, Plot No. 514, Udyog Vihar, Phase lll, Gurgaon, HR, IND, 122001

Website

https://www.educomp.com

Educomp Solutions Ltd is engaged in providing educational support services. The company operates through four segments. The Higher learning solutions segment comprises of vocational, higher education and professional development. The School learning solutions segment involves the smart class and edureach business. The K-12 segment consists of preschools and high schools. Its Online supplemental and global business segment comprise Internet-based educational services and coaching.

Educomp Solutions (NSE:EDUCOMP) Headlines

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