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Dhruva Capital Services (BOM:531237) Interest Expense : ₹0.00 Mil (TTM As of Dec. 2023)


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What is Dhruva Capital Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dhruva Capital Services'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. Dhruva Capital Services's Operating Income for the three months ended in Dec. 2023 was ₹ 2.56 Mil. Dhruva Capital Services's Interest Expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Dhruva Capital Services 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.


Dhruva Capital Services Interest Expense Historical Data

The historical data trend for Dhruva Capital Services'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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Dhruva Capital Services Interest Expense Chart

Dhruva Capital Services Annual Data
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Interest Expense
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Dhruva Capital Services Quarterly Data
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Dhruva Capital Services 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.

* 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.


Dhruva Capital Services  (BOM:531237) 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.

Dhruva Capital Services'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 ₹2.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

Dhruva Capital Services's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Dhruva Capital Services had no long-term debt (1).

* 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.


Dhruva Capital Services (BOM:531237) Business Description

Traded in Other Exchanges
N/A
Address
First Floor, 60-D, Panchwati, Udaipur, RJ, IND, 313001
Dhruva Capital Services Ltd is an Indian non-banking financial company. It operates in the financial services segment which includes hire purchase, lease, interest on ICD (inter-corporate deposit), loans, and advances. It generates maximum revenue in the form of interest on loans.

Dhruva Capital Services (BOM:531237) Headlines

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