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Easy Trip Planners (BOM:543272) Interest Expense : ₹-53 Mil (TTM As of Dec. 2023)


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What is Easy Trip Planners Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Easy Trip Planners's interest expense for the three months ended in Dec. 2023 was ₹ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-53 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. Easy Trip Planners's Operating Income for the three months ended in Dec. 2023 was ₹ 571 Mil. Easy Trip Planners's Interest Expense for the three months ended in Dec. 2023 was ₹ -14 Mil. Easy Trip Planners's Interest Coverage for the quarter that ended in Dec. 2023 was 41.24. 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.


Easy Trip Planners Interest Expense Historical Data

The historical data trend for Easy Trip Planners'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.

Easy Trip Planners Interest Expense Chart

Easy Trip Planners Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Interest Expense
-29.70 -31.92 -19.39 -25.99

Easy Trip Planners Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -10.30 -4.58 -14.49 -20.00 -13.85

Easy Trip Planners 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 ₹-53 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.


Easy Trip Planners  (BOM:543272) 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.

Easy Trip Planners's Interest Expense for the three months ended in Dec. 2023 was ₹-14 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹571 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Easy Trip Planners'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*571.23/-13.85
=41.24

* 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.


Easy Trip Planners (BOM:543272) Business Description

Traded in Other Exchanges
Address
FIE Patparganj Industrial Area, Building No. 223, East Delhi, Delhi, IND, 110 092
Easy Trip Planners Ltd operates as an online travel agency in India. It offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services such as travel insurance. Easy Trip offers a range of online traveling services through its website and Ease My Trip android and iOS mobile app.

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