Wealth First Portfolio Managers (NSE:WEALTH) Interest Expense : ₹-0 Mil (TTM As of Dec. 2023)

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What is Wealth First Portfolio Managers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wealth First Portfolio Managers's interest expense for the three months ended in Dec. 2023 was ₹ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-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. Wealth First Portfolio Managers's Operating Income for the three months ended in Dec. 2023 was ₹ 121 Mil. Wealth First Portfolio Managers's Interest Expense for the three months ended in Dec. 2023 was ₹ -0 Mil. Wealth First Portfolio Managers's Interest Coverage for the quarter that ended in Dec. 2023 was 120,647.00. 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.

Wealth First Portfolio Managers Interest Expense Historical Data

The historical data trend for Wealth First Portfolio Managers'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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Wealth First Portfolio Managers Interest Expense Chart

Wealth First Portfolio Managers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-2.68

-4.55

-0.57

-0.19

-0.06

Wealth First Portfolio Managers Quarterly Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-0.04	-	-	-

Wealth First Portfolio Managers 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 Mil.

Wealth First Portfolio Managers (NSE:WEALTH) 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.

Wealth First Portfolio Managers's Interest Expense for the three months ended in Dec. 2023 was ₹-0 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹121 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Wealth First Portfolio Managers'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	*	120.647	/	-0.001
	=	120,647.00

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. Wealth First Portfolio Managers Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Wealth First Portfolio Managers (NSE:WEALTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Wealth First Portfolio Managers Ltd (NSE:WEALTH) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Near Prahaladnagar Garden, Off S.G. Highway, Capitol House, 10 Paras-II, Anandnagar, Near Campus Corner, Ahmedabad, GJ, IND, 380015

Website

https://www.wealth-firstonline.com

Wealth First Portfolio Managers Ltd is a financial service provider for various types of financial products available in the Indian market. The company offers research for products that deliver compatible performance in terms of yield. The product portfolio of the company consists of government bonds and securities, direct equity, cash management services, derivative products, mutual funds, insurance products, commodities, and market-making services. The mutual fund brokerage generates maximum revenue for the company. It offers its services only to the Indian market.

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