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Addictive Learning Technology (NSE:LAWSIKHO) Interest Expense : ₹ Mil (TTM As of Mar. 2023)


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What is Addictive Learning Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Addictive Learning Technology's interest expense for the six months ended in Mar. 2023 was ₹ -17.1 Mil. Addictive Learning Technology does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2023.

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. Addictive Learning Technology's Operating Income for the six months ended in Mar. 2023 was ₹ 49.9 Mil. Addictive Learning Technology's Interest Expense for the six months ended in Mar. 2023 was ₹ -17.1 Mil. Addictive Learning Technology's Interest Coverage for the quarter that ended in Mar. 2023 was 2.92. 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.


Addictive Learning Technology Interest Expense Historical Data

The historical data trend for Addictive Learning Technology'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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Addictive Learning Technology Interest Expense Chart

Addictive Learning Technology Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-0.03 -12.09 -17.08

Addictive Learning Technology Semi-Annual Data
Mar21 Mar22 Mar23
Interest Expense -0.03 -12.09 -17.08

Addictive Learning Technology Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Addictive Learning Technology  (NSE:LAWSIKHO) 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.

Addictive Learning Technology's Interest Expense for the six months ended in Mar. 2023 was ₹-17.1 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹49.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹0.0 Mil.

Addictive Learning Technology's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*49.937/-17.076
=2.92

* 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.


Addictive Learning Technology (NSE:LAWSIKHO) Business Description

Comparable Companies
Traded in Other Exchanges
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Address
B Block Rd, B-75, B Block, Sector 63, Noida, UP, IND, 201307
Addictive Learning Technology Ltd is a professional upskilling and career services ed-tech platform that caters to senior & mid-career professionals, and to young professionals as well. It offers services such as professional upskilling courses and training programs which include Law, Finance, Compliance, Human Resources, Business Consulting, Artificial Intelligence, Content Writing, and Data Science through three distinct brands LawSikho, Skill Arbitrage, and Dataisgood. The company covers subjects like U.S Intellectual Property Law, U.S Tax Law, U.S Accounting, Bookkeeping and Corporate Compliances, International Contract Drafting, International Business Law, International Labour Laws, U.S Technology Law, U.S Corporate Law, U.S Real Estate Law, etc.

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