PB Fintech (BOM:543390) Interest Expense : ₹-265 Mil (TTM As of Mar. 2024)

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What is PB Fintech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PB Fintech's interest expense for the three months ended in Mar. 2024 was ₹ -66 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-265 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. PB Fintech's Operating Income for the three months ended in Mar. 2024 was ₹ -184 Mil. PB Fintech's Interest Expense for the three months ended in Mar. 2024 was ₹ -66 Mil. PB Fintech 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.

PB Fintech Interest Expense Historical Data

The historical data trend for PB Fintech'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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PB Fintech Interest Expense Chart

PB Fintech Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-119.20

-115.24

-135.68

-213.60

-264.60

PB Fintech Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-61.63	-62.65	-71.84	-64.41	-65.70

PB Fintech 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 ₹-265 Mil.

PB Fintech (BOM:543390) 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.

PB Fintech's Interest Expense for the three months ended in Mar. 2024 was ₹-66 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-184 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,141 Mil.

PB Fintech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

PB Fintech did not have earnings to cover the interest expense.

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

PB Fintech (BOM:543390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PB Fintech Ltd (BOM:543390) » Definitions » Interest Expense

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POLICYBZR:India

Address

Plot No. 119, Sector 44, Gurgaon, HR, IND, 122 001

Website

https://www.pbfintech.in

PB Fintech Ltd is an online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage. The group earns its entire revenue within India only. The company has two operating segments Insurance services segment and the Other services segment. The company generates the majority of its revenue from the Other services segment, which consists of online marketing, consulting and support services provided largely to the financial service industry. The Insurance services segment consists of Insurance Broker services provided by the Group.

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