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N.B.I. Industrial Finance Co (NSE:NBIFIN) Interest Expense : ₹0.0 Mil (TTM As of Dec. 2023)


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What is N.B.I. Industrial Finance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. N.B.I. Industrial Finance Co's interest expense for the three months ended in Dec. 2023 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. N.B.I. Industrial Finance Co's Operating Income for the three months ended in Dec. 2023 was ₹ 5.1 Mil. N.B.I. Industrial Finance Co's Interest Expense for the three months ended in Dec. 2023 was ₹ 0.0 Mil. N.B.I. Industrial Finance Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


N.B.I. Industrial Finance Co Interest Expense Historical Data

The historical data trend for N.B.I. Industrial Finance Co'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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N.B.I. Industrial Finance Co Interest Expense Chart

N.B.I. Industrial Finance Co Annual Data
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Interest Expense
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N.B.I. Industrial Finance Co Quarterly Data
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N.B.I. Industrial Finance Co 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 ₹0.0 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.


N.B.I. Industrial Finance Co  (NSE:NBIFIN) 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.

N.B.I. Industrial Finance Co's Interest Expense for the three months ended in Dec. 2023 was ₹0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹5.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

N.B.I. Industrial Finance Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

N.B.I. Industrial Finance Co had no long-term debt (1).

* 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.

Good Sign:

N.B.I. Industrial Finance Co Ltd has no debt.


N.B.I. Industrial Finance Co (NSE:NBIFIN) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Strand Road, Ground Floor, Kolkata, WB, IND, 700001
N.B.I. Industrial Finance Co Ltd is a non-banking financial company also engaged in financial activities in India. It invests in securities and shares of listed companies.

N.B.I. Industrial Finance Co (NSE:NBIFIN) Headlines

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