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Innovative Ideals and Services (India) (BOM:541983) Interest Expense : ₹-0.09 Mil (TTM As of Mar. 2025)


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What is Innovative Ideals and Services (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innovative Ideals and Services (India)'s interest expense for the six months ended in Mar. 2025 was ₹ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-0.09 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. Innovative Ideals and Services (India)'s Operating Income for the six months ended in Mar. 2025 was ₹ 25.60 Mil. Innovative Ideals and Services (India)'s Interest Expense for the six months ended in Mar. 2025 was ₹ -0.06 Mil. Innovative Ideals and Services (India)'s Interest Coverage for the quarter that ended in Mar. 2025 was 457.16. 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.


Innovative Ideals and Services (India) Interest Expense Historical Data

The historical data trend for Innovative Ideals and Services (India)'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.

Innovative Ideals and Services (India) Interest Expense Chart

Innovative Ideals and Services (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.48 -16.15 -3.36 -0.13 -0.09

Innovative Ideals and Services (India) Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 -0.82 -0.09 -0.03 -0.03 -0.06

Innovative Ideals and Services (India) 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.09 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.


Innovative Ideals and Services (India)  (BOM:541983) 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.

Innovative Ideals and Services (India)'s Interest Expense for the six months ended in Mar. 2025 was ₹-0.06 Mil. Its Operating Income for the six months ended in Mar. 2025 was ₹25.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2025 was ₹139.48 Mil.

Innovative Ideals and Services (India)'s Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*25.601/-0.056
=457.16

* 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.


Innovative Ideals and Services (India) Business Description

Traded in Other Exchanges
N/A
Address
Off Ajit Glass Road, E- 202, 2nd Floor, Skypark, Near Oshiwara Garden, Oshiwara, Goregoan (West), Mumbai, MH, IND, 400104
Innovative Ideals and Services (India) Ltd is engaged in the business of providing products and solutions in the electronics security space. It offers integrated security and surveillance solutions with high-tech electronic systems, such as Video Door Phones, Audio Door Phones, Access Controls, Home Automation Systems, Intrusion Alarm Systems, CCTV Systems, Fire Alarm Systems, and Telecom Products. Its brand name comprises of Onyx, Inok, ehomes, Yale, and others.

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