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Bombay Cycle & Motor Agency (BOM:501430) Interest Expense : ₹-0.61 Mil (TTM As of Mar. 2024)


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What is Bombay Cycle & Motor Agency Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bombay Cycle & Motor Agency's interest expense for the three months ended in Mar. 2024 was ₹ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.61 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. Bombay Cycle & Motor Agency's Operating Income for the three months ended in Mar. 2024 was ₹ 3.72 Mil. Bombay Cycle & Motor Agency's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.15 Mil. Bombay Cycle & Motor Agency's Interest Coverage for the quarter that ended in Mar. 2024 was 25.47. 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.


Bombay Cycle & Motor Agency Interest Expense Historical Data

The historical data trend for Bombay Cycle & Motor Agency'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.

Bombay Cycle & Motor Agency Interest Expense Chart

Bombay Cycle & Motor Agency 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 -0.30 -0.08 -0.14 -0.16 -0.61

Bombay Cycle & Motor Agency 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 -0.16 -0.16 -0.15 -0.15 -0.15

Bombay Cycle & Motor Agency 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 ₹-0.61 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.


Bombay Cycle & Motor Agency  (BOM:501430) 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.

Bombay Cycle & Motor Agency's Interest Expense for the three months ended in Mar. 2024 was ₹-0.15 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹3.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹6.12 Mil.

Bombay Cycle & Motor Agency'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*3.719/-0.146
=25.47

* 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.


Bombay Cycle & Motor Agency (BOM:501430) Business Description

Traded in Other Exchanges
N/A
Address
534, Sardar Vallabhbhai Patel Road, Opera House, Mumbai, MH, IND, 400 007
Bombay Cycle & Motor Agency Ltd is an India-based company with the main objective to undertake business of sales and servicing of motor cars. The company diversified its operations in Restaurant and Banquets services at its Hospitality Division situated at Opera House. The company operates in two segments which include Auto Division and Hospitality Division. Hospitality Division includes the sale of food and beverage. Auto Division includes servicing of cars.

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