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Dhyaani Tradeventtures (BOM:543516) Interest Expense : ₹-0.0 Mil (TTM As of Sep. 2023)


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What is Dhyaani Tradeventtures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dhyaani Tradeventtures's interest expense for the six months ended in Sep. 2023 was ₹ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-0.0 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. Dhyaani Tradeventtures's Operating Income for the six months ended in Sep. 2023 was ₹ 2.9 Mil. Dhyaani Tradeventtures's Interest Expense for the six months ended in Sep. 2023 was ₹ -0.0 Mil. Dhyaani Tradeventtures's Interest Coverage for the quarter that ended in Sep. 2023 was 360.00. 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.


Dhyaani Tradeventtures Interest Expense Historical Data

The historical data trend for Dhyaani Tradeventtures'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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Dhyaani Tradeventtures Interest Expense Chart

Dhyaani Tradeventtures Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
-0.03 -0.03 -0.01 - -0.01

Dhyaani Tradeventtures Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial -0.03 0.03 - -0.01 -0.01

Dhyaani Tradeventtures 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.0 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.


Dhyaani Tradeventtures  (BOM:543516) 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.

Dhyaani Tradeventtures's Interest Expense for the six months ended in Sep. 2023 was ₹-0.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹2.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.0 Mil.

Dhyaani Tradeventtures's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*2.88/-0.008
=360.00

* 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.


Dhyaani Tradeventtures (BOM:543516) Business Description

Traded in Other Exchanges
N/A
Address
Thaltej-Shilaj Road, 420, Times Square Arcade, Opposite Rambaug, Near Rajiv Plaza, Ahmedabad, GJ, IND, 380059
Dhyaani Tradeventtures Ltd formerly Dhyaani Tile And Marblez Ltd is engaged in the business of trading of vitrified tiles used primarily for flooring solutions.

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