Pankaj Piyush Trade & Investments (BOM:506122) Interest Expense : ₹0.00 Mil (TTM As of Dec. 2023)

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What is Pankaj Piyush Trade & Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pankaj Piyush Trade & Investments's interest expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹0.00 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. Pankaj Piyush Trade & Investments's Operating Income for the three months ended in Dec. 2023 was ₹ -0.11 Mil. Pankaj Piyush Trade & Investments's Interest Expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Pankaj Piyush Trade & Investments 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.

Pankaj Piyush Trade & Investments Interest Expense Historical Data

The historical data trend for Pankaj Piyush Trade & Investments'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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Pankaj Piyush Trade & Investments Interest Expense Chart

Pankaj Piyush Trade & Investments Annual Data

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Interest Expense

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-0.03

Pankaj Piyush Trade & Investments Quarterly Data
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Pankaj Piyush Trade & Investments 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 ₹0.00 Mil.

Pankaj Piyush Trade & Investments (BOM:506122) 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.

Pankaj Piyush Trade & Investments's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

Pankaj Piyush Trade & Investments's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Pankaj Piyush Trade & Investments had no long-term debt ⁽¹⁾.

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

Pankaj Piyush Trade & Investments (BOM:506122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pankaj Piyush Trade & Investments Ltd (BOM:506122) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

304, Building No. 61, Vijay Block, Laxmi Nagar, New Delhi, IND, 110092

Website

https://www.pptinvestment.in

Pankaj Piyush Trade & Investments Ltd is an Indian financial and investment company. It is engaged in the activity of investing capital and other finances of the firm in the purchase and sale of shares, stocks, units, debentures, debenture-stock, bonds, mortgages, obligations, and securities issued or guaranteed by any company. The business has three reportable segments; trading in shares /securities, fabric, and loan financing. Substantial revenue accrues from the financing of loans.

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