GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gujarat Credit Corp Ltd (BOM:511441) » Definitions » Interest Expense

Gujarat Credit (BOM:511441) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Gujarat Credit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gujarat Credit's interest expense for the three months ended in Mar. 2024 was ₹ 0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.00 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. Gujarat Credit's Operating Income for the three months ended in Mar. 2024 was ₹ -0.43 Mil. Gujarat Credit's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.01 Mil. Gujarat Credit 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.


Gujarat Credit Interest Expense Historical Data

The historical data trend for Gujarat Credit'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.

Gujarat Credit Interest Expense Chart

Gujarat Credit 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 -0.01 -0.01 -0.01 -0.01 -

Gujarat Credit 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 -0.01 - - -0.01 0.01

Gujarat Credit 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 ₹0.00 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.


Gujarat Credit  (BOM:511441) 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.

Gujarat Credit's Interest Expense for the three months ended in Mar. 2024 was ₹0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹187.13 Mil.

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

* 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.


Gujarat Credit (BOM:511441) Business Description

Traded in Other Exchanges
N/A
Address
Off S.G. Highway, A-115, Siddhi Vinayak Towers, Behind DCP Office, Makarba, Ahmedabad, GJ, IND, 380051
Gujarat Credit Corp Ltd is engaged in the construction business. It is involved in the real estate development business. It has a portfolio of commercial and residential projects in Gujarat. The company is engaged in developing real estate projects in the corporate segment. Its services include site acquisition, design, and development, construction, marketing, and sales. The company has constructed a range of structures for corporates, including corporate offices. It focuses on asset classes, including Information Technology Parks, Special Economic Zones, and Townships.

Gujarat Credit (BOM:511441) Headlines

No Headlines