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KMF Builders & Developers (BOM:531578) Interest Expense : ₹-0.0 Mil (TTM As of Dec. 2023)


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What is KMF Builders & Developers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KMF Builders & Developers's interest expense for the three months ended in Dec. 2023 was ₹ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-0.0 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. KMF Builders & Developers's Operating Income for the three months ended in Dec. 2023 was ₹ 83.7 Mil. KMF Builders & Developers's Interest Expense for the three months ended in Dec. 2023 was ₹ -0.1 Mil. KMF Builders & Developers's Interest Coverage for the quarter that ended in Dec. 2023 was 1,020.54. 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.


KMF Builders & Developers Interest Expense Historical Data

The historical data trend for KMF Builders & Developers'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.

KMF Builders & Developers Interest Expense Chart

KMF Builders & Developers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.08 -0.27 -0.36 -

KMF Builders & Developers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.06 0.21 -0.07 -0.06 -0.08

KMF Builders & Developers 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 ₹-0.0 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.


KMF Builders & Developers  (BOM:531578) 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.

KMF Builders & Developers's Interest Expense for the three months ended in Dec. 2023 was ₹-0.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹83.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

KMF Builders & Developers's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*83.684/-0.082
=1,020.54

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. KMF Builders & Developers Ltd has enough cash to cover all of its debt. Its financial situation is stable.


KMF Builders & Developers (BOM:531578) Business Description

Traded in Other Exchanges
N/A
Address
907, Rajendera Place, 9th Floor, Vikram Tower, New Delhi, IND, 110008
KMF Builders & Developers Ltd is an India based company engaged in the development and construction of properties. The company constructs residences and buildings. Its projects include Golf manor residential apartments and Royal manor residential apartments. It has two segments: Real Estate Segment which comprises of development, sale, management and operation of all or any part of townships, housing projects, also includes leasing of self owned commercial premises; and Contracting and Manufacturing Segment which involves development of commercial premises and other related activities and also includes manufacturing activities related to interiors, glazing and metal works and concrete products. It generates revenue from the sale of flats.

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