63 Moons Technologies (BOM:526881) Interest Expense : ₹-10 Mil (TTM As of Mar. 2024)

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What is 63 Moons Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 63 Moons Technologies's interest expense for the three months ended in Mar. 2024 was ₹ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-10 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. 63 Moons Technologies's Operating Income for the three months ended in Mar. 2024 was ₹ -697 Mil. 63 Moons Technologies's Interest Expense for the three months ended in Mar. 2024 was ₹ -3 Mil. 63 Moons Technologies 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.

63 Moons Technologies Interest Expense Historical Data

The historical data trend for 63 Moons Technologies'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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63 Moons Technologies Interest Expense Chart

63 Moons Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-7.71

-5.26

-4.73

-6.32

-9.71

63 Moons Technologies 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															-2.15	-1.95	-2.46	-2.31	-3.00

63 Moons Technologies 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 ₹-10 Mil.

63 Moons Technologies (BOM:526881) 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.

63 Moons Technologies's Interest Expense for the three months ended in Mar. 2024 was ₹-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-697 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹27 Mil.

63 Moons Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

63 Moons Technologies did not have earnings to cover the interest expense.

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. 63 Moons Technologies Ltd has enough cash to cover all of its debt. Its financial situation is stable.

63 Moons Technologies (BOM:526881) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » 63 Moons Technologies Ltd (BOM:526881) » Definitions » Interest Expense

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63MOONS:India

Address

Suren Road, FT Tower, CTS No. 256 and 257, Chakala, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.63moons.com

63 Moons Technologies Ltd is a company that is involved in the business of offering technology intellectual property and domain expertise to create and trade on next-generation financial markets across all asset classes including equities, commodities, currencies, and bonds among others. Its products and solutions portfolio includes exchange technology solutions, brokerage technology solutions, and risk solutions. The company's business segments include Straight Through Processing (STP) technologies and solutions and Others. It derives the majority of its revenues from STP technologies and solutions segment.

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