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Radaan Mediaworks India (NSE:RADAAN) Interest Expense : ₹-30.6 Mil (TTM As of Mar. 2024)


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What is Radaan Mediaworks India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Radaan Mediaworks India's interest expense for the three months ended in Mar. 2024 was ₹ -7.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-30.6 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. Radaan Mediaworks India's Operating Income for the three months ended in Mar. 2024 was ₹ 39.7 Mil. Radaan Mediaworks India's Interest Expense for the three months ended in Mar. 2024 was ₹ -7.5 Mil. Radaan Mediaworks India's Interest Coverage for the quarter that ended in Mar. 2024 was 5.26. 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.


Radaan Mediaworks India Interest Expense Historical Data

The historical data trend for Radaan Mediaworks India'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.

Radaan Mediaworks India Interest Expense Chart

Radaan Mediaworks India 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 -12.48 -14.80 -19.62 -24.29 -30.64

Radaan Mediaworks India 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 -6.56 -7.06 -7.58 -8.46 -7.54

Radaan Mediaworks India 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 ₹-30.6 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.


Radaan Mediaworks India  (NSE:RADAAN) 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.

Radaan Mediaworks India's Interest Expense for the three months ended in Mar. 2024 was ₹-7.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹39.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹253.2 Mil.

Radaan Mediaworks India'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*39.663/-7.54
=5.26

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Radaan Mediaworks India Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Radaan Mediaworks India (NSE:RADAAN) Business Description

Traded in Other Exchanges
Address
No. 14, Jayammal Road, Teynampet, Chennai, TN, IND, 600 018
Radaan Mediaworks India Ltd is a media entertainment company. It is engaged in producing content for tele-serials/films, digital content, web series, events, game shows, and others. The company also undertakes distribution activities, theatrical plays, and setting up training courses comprising acting, dance, martial arts, yoga, and others. The Company Operates in a single segment; Media and Entertainment. It generates revenues from the sale of advertising spots during the telecast of its program.

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