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FCS Software Solutions (NSE:FCSSOFT) Interest Expense : ₹-63.5 Mil (TTM As of Mar. 2024)


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What is FCS Software Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FCS Software Solutions's interest expense for the three months ended in Mar. 2024 was ₹ -54.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-63.5 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. FCS Software Solutions's Operating Income for the three months ended in Mar. 2024 was ₹ 6.3 Mil. FCS Software Solutions's Interest Expense for the three months ended in Mar. 2024 was ₹ -54.1 Mil. FCS Software Solutions's Interest Coverage for the quarter that ended in Mar. 2024 was 0.12. 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.

FCS Software Solutions Interest Expense Historical Data

The historical data trend for FCS Software 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.

* Premium members only.

FCS Software Solutions Interest Expense Chart

FCS Software Solutions 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 -27.84 -22.99 -22.28 -17.41 -63.47

FCS Software Solutions 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 -3.22 -5.03 -3.06 -1.28 -54.10

FCS Software 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-63.5 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.

FCS Software Solutions  (NSE:FCSSOFT) 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.

FCS Software Solutions's Interest Expense for the three months ended in Mar. 2024 was ₹-54.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹6.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

FCS Software Solutions'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*6.334/-54.104
=0.12

* 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.

FCS Software Solutions (NSE:FCSSOFT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » FCS Software Solutions Ltd (NSE:FCSSOFT) » Definitions » Interest Expense
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Traded in Other Exchanges
532666:India
Address
Noida Dadri Road, Plot No. 83, Noida Phase - II, Gautam Budh Nagar, FCS House, Noida Special Economic Zone, Noida, UP, IND, 201 305
Website
https://www.fcsltd.com
FCS Software Solutions Ltd is a company that provides Information Technology (IT) services and solutions. The company business consists of software development and marketing and providing support services for Business Process Outsourcing (BPO), software development, and others. Its geographical segments include India and the USA. The company derives a majority of revenue from India. The company's division consists of IT and IT Enable Services; Education/E-Learning and Infrastructure Management. It generates maximum revenue from the IT and IT Enable Services division.

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