Azad India Mobility (BOM:504731) Interest Expense : ₹-0.01 Mil (TTM As of Dec. 2024)

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What is Azad India Mobility Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Azad India Mobility's interest expense for the three months ended in Dec. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-0.01 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. Azad India Mobility's Operating Income for the three months ended in Dec. 2024 was ₹ -4.42 Mil. Azad India Mobility's Interest Expense for the three months ended in Dec. 2024 was ₹ 0.00 Mil. Azad India Mobility 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.

Azad India Mobility Interest Expense Historical Data

The historical data trend for Azad India Mobility'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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Azad India Mobility Interest Expense Chart

Azad India Mobility Annual Data

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Interest Expense

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-0.01

Azad India Mobility Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-0.01	-	-	-

Azad India Mobility 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.01 Mil.

Azad India Mobility (BOM:504731) 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.

Azad India Mobility's Interest Expense for the three months ended in Dec. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-4.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.00 Mil.

Azad India Mobility's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Azad India Mobility had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Azad India Mobility Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Azad India Mobility Ltd (BOM:504731) » Definitions » Interest Expense

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Address

Tardeo Road, G-6, 8th Floor, Everest Building, Janata Nagar, Tardeo, Haji Ali, Mumbai, MH, IND, 400034

Website

https://www.azadindiamobility.com

Azad India Mobility Ltd is engaged in the business of manufacturing steel bars. The company operates only in India.

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