Lex Nimble Solutions (BOM:541196) Interest Expense : ₹0.00 Mil (TTM As of Sep. 2023)

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What is Lex Nimble Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lex Nimble Solutions's interest expense for the six months ended in Sep. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Lex Nimble Solutions's Operating Income for the six months ended in Sep. 2023 was ₹ 0.79 Mil. Lex Nimble Solutions's Interest Expense for the six months ended in Sep. 2023 was ₹ 0.00 Mil. Lex Nimble Solutions 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.

Lex Nimble Solutions Interest Expense Historical Data

The historical data trend for Lex Nimble Solutions'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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Lex Nimble Solutions Interest Expense Chart

Lex Nimble Solutions Annual Data

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Interest Expense

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Lex Nimble Solutions Semi-Annual Data
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Lex Nimble Solutions 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.00 Mil.

Lex Nimble Solutions (BOM:541196) 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.

Lex Nimble Solutions's Interest Expense for the six months ended in Sep. 2023 was ₹0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹0.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.00 Mil.

Lex Nimble Solutions's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Lex Nimble Solutions had no long-term debt ⁽¹⁾.

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

Good Sign:

Lex Nimble Solutions Ltd has no debt.

Lex Nimble Solutions (BOM:541196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lex Nimble Solutions Ltd (BOM:541196) » Definitions » Interest Expense

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Address

Quardant 3, Module A1, Cyber Towers, 10th Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500 081

Website

https://www.lexnimble.in

Lex Nimble Solutions Ltd is engaged in IT consulting, support and solutions and appraisal advisory, certification, training and related services on quality models. The company's business segments are Software services and Consulting services. It derives key revenue from the Consulting services segment which covers IT staffing, Support Services and Payroll and accounting Service; and Quality Certification, Consulting and Training. Geographically, the group has customers located within India and other countries.

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