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Vashu Bhagnani Industries (BOM:532011) Interest Expense : ₹-6.0 Mil (TTM As of Dec. 2023)


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What is Vashu Bhagnani Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vashu Bhagnani Industries's interest expense for the three months ended in Dec. 2023 was ₹ -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-6.0 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. Vashu Bhagnani Industries's Operating Income for the three months ended in Dec. 2023 was ₹ 8.5 Mil. Vashu Bhagnani Industries's Interest Expense for the three months ended in Dec. 2023 was ₹ -1.1 Mil. Vashu Bhagnani Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 7.69. 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.


Vashu Bhagnani Industries Interest Expense Historical Data

The historical data trend for Vashu Bhagnani Industries'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.

Vashu Bhagnani Industries Interest Expense Chart

Vashu Bhagnani Industries 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 -15.45 -1.87 -0.66 -3.22 -5.52

Vashu Bhagnani Industries 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 -1.46 -1.84 -1.68 -1.39 -1.11

Vashu Bhagnani Industries 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 ₹-6.0 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.


Vashu Bhagnani Industries  (BOM:532011) 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.

Vashu Bhagnani Industries's Interest Expense for the three months ended in Dec. 2023 was ₹-1.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹8.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

Vashu Bhagnani Industries'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*8.532/-1.11
=7.69

* 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.


Vashu Bhagnani Industries (BOM:532011) Business Description

Traded in Other Exchanges
N/A
Address
Juhu Tara Road, CTS No. 892-893, Pooja House, 1st Floor, Opposite J. W. Marriott Hotel, Juhu, Mumbai, MH, IND, 400049
Pooja Entertainment & Films Ltd operates in the movies and entertainment industry conducting entertainment and film activities. The company engages in entertainment and films through co-production and production of films. It exploits and distributes films in India through music release, theatrical distribution, DVD and VCD release, television licensing, and other new media distribution avenues. The company has various films released in multiple languages. Its generation of films includes biographical drama, a social thriller, science fiction adventure, action-adventure, musical action drama, romantic comedy-sports, horror-comedy, comedy-drama, thriller, among others.

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