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Suyog Telematics (BOM:537259) Interest Expense : ₹-195 Mil (TTM As of Mar. 2024)


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What is Suyog Telematics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suyog Telematics's interest expense for the three months ended in Mar. 2024 was ₹ -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-195 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. Suyog Telematics's Operating Income for the three months ended in Mar. 2024 was ₹ 180 Mil. Suyog Telematics's Interest Expense for the three months ended in Mar. 2024 was ₹ -41 Mil. Suyog Telematics's Interest Coverage for the quarter that ended in Mar. 2024 was 4.34. 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.


Suyog Telematics Interest Expense Historical Data

The historical data trend for Suyog Telematics'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.

Suyog Telematics Interest Expense Chart

Suyog Telematics 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 -54.63 -95.22 -130.38 -160.52 -194.98

Suyog Telematics 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 -53.38 -43.43 -55.66 -54.42 -41.47

Suyog Telematics 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 ₹-195 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.


Suyog Telematics  (BOM:537259) 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.

Suyog Telematics's Interest Expense for the three months ended in Mar. 2024 was ₹-41 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹180 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹964 Mil.

Suyog Telematics'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*179.998/-41.468
=4.34

* 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.


Suyog Telematics (BOM:537259) Business Description

Traded in Other Exchanges
N/A
Address
30, MIDC Centre Road, Suyog House, Andheri (East), Mumbai, MH, IND, 400093
Suyog Telematics Ltd telecommunication infrastructure. It is engaged in the business of installing and commissioning of poles, towers, and optical fiber cable (OFC). It provides services in terms of infrastructure provisioning for poles, towers, and OFC to telecom operators. The company's business is to build, own and operate telecom towers, OFC systems, and related assets and to provide these passive infrastructure assets on a shared basis to wireless and other communications service providers.

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