Jagsonpal Finance & Leasing (BOM:530601) Interest Expense : ₹-0.00 Mil (TTM As of Dec. 2023)

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What is Jagsonpal Finance & Leasing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jagsonpal Finance & Leasing's interest expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Jagsonpal Finance & Leasing's Operating Income for the three months ended in Dec. 2023 was ₹ -0.15 Mil. Jagsonpal Finance & Leasing's Interest Expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Jagsonpal Finance & Leasing has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Jagsonpal Finance & Leasing Interest Expense Historical Data

The historical data trend for Jagsonpal Finance & Leasing'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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Jagsonpal Finance & Leasing Interest Expense Chart

Jagsonpal Finance & Leasing Annual Data

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Interest Expense

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Jagsonpal Finance & Leasing Quarterly Data
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Jagsonpal Finance & Leasing 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.00 Mil.

Jagsonpal Finance & Leasing (BOM:530601) 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.

Jagsonpal Finance & Leasing's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

Jagsonpal Finance & Leasing's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Jagsonpal Finance & Leasing had no long-term debt ⁽¹⁾.

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

Jagsonpal Finance & Leasing (BOM:530601) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jagsonpal Finance & Leasing Ltd (BOM:530601) » Definitions » Interest Expense

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Address

D-28, First Floor, Greater Kailash Encalve, Part - I, New Delhi, IND, 110048

Website

https://www.jagsonpal.co.in

Jagsonpal Finance & Leasing Ltd is an Indian company engaged in the operations of interest on loans, trading of shares securities, commodities and real estate, old investments, and old recovery of dues from its customers. The segments of the group are Operations, Real estate, and others.

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