Vivaa Tradecom (BOM:544002) Interest Expense : ₹-5 Mil (TTM As of Mar. 2023)

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What is Vivaa Tradecom Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vivaa Tradecom's interest expense for the six months ended in Mar. 2023 was ₹ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-5 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. Vivaa Tradecom's Operating Income for the six months ended in Mar. 2023 was ₹ 3 Mil. Vivaa Tradecom's Interest Expense for the six months ended in Mar. 2023 was ₹ -1 Mil. Vivaa Tradecom's Interest Coverage for the quarter that ended in Mar. 2023 was 2.49. 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.

Vivaa Tradecom Interest Expense Historical Data

The historical data trend for Vivaa Tradecom'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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Vivaa Tradecom Interest Expense Chart

Vivaa Tradecom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-11.19

-9.83

-8.46

-4.74

-0.30

Vivaa Tradecom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-	-3.59	-1.15	-

Vivaa Tradecom 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-5 Mil.

Vivaa Tradecom (BOM:544002) 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.

Vivaa Tradecom's Interest Expense for the six months ended in Mar. 2023 was ₹-1 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹2 Mil.

Vivaa Tradecom's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2023 )	/	Interest Expense (Q: Mar. 2023 )
	=	-1	*	2.855	/	-1.145
	=	2.49

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

Vivaa Tradecom (BOM:544002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vivaa Tradecom Ltd (BOM:544002) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

17, Pirana Piplaj Road, Saijpur (Gopalpur), Piplej, Ahmedabad, GJ, IND, 382405

Website

https://www.vivaatrade.com

Vivaa Tradecom Ltd is engaged in the trading of clothes and Garments. Its product range of denim jeans for men and women bears the hallmark of its distinctive sourcing and lean manufacturing via engagement with a string of valued and dependable supply chain partners.

Vivaa Tradecom (BOM:544002) Headlines

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