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Bajaj Holdings and Investment (LSE:BAUD) Interest Expense : $-0.3 Mil (TTM As of Mar. 2024)


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What is Bajaj Holdings and Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bajaj Holdings and Investment's interest expense for the three months ended in Mar. 2024 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.3 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. Bajaj Holdings and Investment's Operating Income for the three months ended in Mar. 2024 was $ 0.0 Mil. Bajaj Holdings and Investment's Interest Expense for the three months ended in Mar. 2024 was $ -0.1 Mil. Bajaj Holdings and Investment did not have earnings to cover the interest expense. 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.

Bajaj Holdings and Investment Interest Expense Historical Data

The historical data trend for Bajaj Holdings and Investment'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.

Bajaj Holdings and Investment Interest Expense Chart

Bajaj Holdings and Investment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.68 -0.52 -0.41 -0.84 -0.26

Bajaj Holdings and Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.60 -0.07 -0.06 -0.07 -0.07

Bajaj Holdings and Investment 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.3 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.

Bajaj Holdings and Investment  (LSE:BAUD) 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.

Bajaj Holdings and Investment's Interest Expense for the three months ended in Mar. 2024 was $-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $7.5 Mil.

Bajaj Holdings and Investment's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

* 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.

Bajaj Holdings and Investment (LSE:BAUD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bajaj Holdings and Investment Ltd (LSE:BAUD) » Definitions » Interest Expense
Comparable Companies
BOM:541729 BOM:540767 BOM:542772 BOM:532659 BOM:543988 BOM:543415 BOM:543374 BOM:543238 BOM:543527 BOM:542543 BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
BAJAJHLDNG:India 500490:India
Address
Off Pune - Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Website
https://www.bhil.in
Bajaj Holdings and Investment Ltd is an investment company that chooses equities from both the public and private equity markets. Traditionally, the company seeks to invest in companies that fit a five-year investment horizon. Investment portfolios are managed by an investment committee that meets frequently, and a team of fund managers and analysts. Bajaj's positions are placed into one of four portfolios, which include: strategic equity investments; other equities; fixed income securities; and property investments. Sector allocation for the company's other equities portfolio traditionally includes financials, technology/pharma, consumers/education, sugar, materials, construction, and telecom, and media.

Bajaj Holdings and Investment (LSE:BAUD) Headlines

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