Jay Jalaram Technologies (NSE:KORE) Interest Expense : ₹-20 Mil (TTM As of Sep. 2023)

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What is Jay Jalaram Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jay Jalaram Technologies's interest expense for the six months ended in Sep. 2023 was ₹ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-20 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. Jay Jalaram Technologies's Operating Income for the six months ended in Sep. 2023 was ₹ 19 Mil. Jay Jalaram Technologies's Interest Expense for the six months ended in Sep. 2023 was ₹ -18 Mil. Jay Jalaram Technologies's Interest Coverage for the quarter that ended in Sep. 2023 was 1.04. 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.

Jay Jalaram Technologies Interest Expense Historical Data

The historical data trend for Jay Jalaram 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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Jay Jalaram Technologies Interest Expense Chart

Jay Jalaram Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

-5.64

-3.60

-9.15

-8.24

-9.65

Jay Jalaram Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial			-6.01	-2.23	-7.72	-1.93	-17.85

Jay Jalaram 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-20 Mil.

Jay Jalaram Technologies (NSE:KORE) 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.

Jay Jalaram Technologies's Interest Expense for the six months ended in Sep. 2023 was ₹-18 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹19 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹122 Mil.

Jay Jalaram Technologies's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	18.579	/	-17.852
	=	1.04

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

Jay Jalaram Technologies (NSE:KORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jay Jalaram Technologies Ltd (NSE:KORE) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Shilp Char Rasta, C. G. Road, Office No.103, Shail Mall, B/H. Girish Cold Drink, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.koremobiles.com

Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.