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Avonmore Capital & Management Services (BOM:511589) Interest Expense : ₹-30 Mil (TTM As of Dec. 2024)


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What is Avonmore Capital & Management Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avonmore Capital & Management Services's interest expense for the three months ended in Dec. 2024 was ₹ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-30 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. Avonmore Capital & Management Services's Operating Income for the three months ended in Dec. 2024 was ₹ 30 Mil. Avonmore Capital & Management Services's Interest Expense for the three months ended in Dec. 2024 was ₹ -12 Mil. Avonmore Capital & Management Services's Interest Coverage for the quarter that ended in Dec. 2024 was 2.57. 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.


Avonmore Capital & Management Services Interest Expense Historical Data

The historical data trend for Avonmore Capital & Management Services'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.

Avonmore Capital & Management Services Interest Expense Chart

Avonmore Capital & Management Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.07 -14.48 -43.33 -31.05 -24.27

Avonmore Capital & Management Services Quarterly Data
Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only -6.70 -3.57 -9.80 -5.30 -11.60

Avonmore Capital & Management Services 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 ₹-30 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.


Avonmore Capital & Management Services  (BOM:511589) 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.

Avonmore Capital & Management Services's Interest Expense for the three months ended in Dec. 2024 was ₹-12 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Avonmore Capital & Management Services's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*29.8/-11.6
=2.57

* 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.


Avonmore Capital & Management Services Business Description

Traded in Other Exchanges
Address
F-33/3, Okhla Industrial Area, Phase-II, New Delhi, IND, 110 020
Avonmore Capital & Management Services Ltd is a non-banking financial institution. The company's business segments are debt and equity market operations which comprise trading in securities and bonds; consultancy and advisory fees comprise merchant banking, underwriting commission, corporate and infrastructure advisory, and loan syndication fees and arranger of debts; investment activities comprise profit on the sale of an investment; finance activities comprise granting of loans; wealth advisory/broking activities; healthcare activities comprises to establish, administer, own and run the eye care hospitals. Wealth / Broking activities comprises commodity broking on various commodity exchanges in the country, stock and share broking on National Stock Exchange of India Limited.

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