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Asahi Infrastructure and Projects (BOM:512535) Interest Expense : ₹-5.48 Mil (TTM As of Dec. 2017)


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What is Asahi Infrastructure and Projects Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asahi Infrastructure and Projects's interest expense for the three months ended in Dec. 2017 was ₹ -1.68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2017 was ₹-5.48 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. Asahi Infrastructure and Projects's Operating Income for the three months ended in Dec. 2017 was ₹ 4.37 Mil. Asahi Infrastructure and Projects's Interest Expense for the three months ended in Dec. 2017 was ₹ -1.68 Mil. Asahi Infrastructure and Projects's Interest Coverage for the quarter that ended in Dec. 2017 was 2.60. 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.


Asahi Infrastructure and Projects Interest Expense Historical Data

The historical data trend for Asahi Infrastructure and Projects'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.

Asahi Infrastructure and Projects Interest Expense Chart

Asahi Infrastructure and Projects Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.19 -1.93 -4.85 -11.20 -8.27

Asahi Infrastructure and Projects Quarterly Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec16 Mar17 Sep17 Dec17
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 -2.90 -1.55 -2.14 -1.65 -1.68

Asahi Infrastructure and Projects 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-5.48 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.


Asahi Infrastructure and Projects  (BOM:512535) 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.

Asahi Infrastructure and Projects's Interest Expense for the three months ended in Dec. 2017 was ₹-1.68 Mil. Its Operating Income for the three months ended in Dec. 2017 was ₹4.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2017 was ₹0.00 Mil.

Asahi Infrastructure and Projects's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2017 )/Interest Expense (Q: Dec. 2017 )
=-1*4.372/-1.679
=2.60

* 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.


Asahi Infrastructure and Projects (BOM:512535) Business Description

Traded in Other Exchanges
N/A
Address
Carter Road no.7,Opp. Railway Station, Room No.302 3rd Floor Yashwant Shopping Center, Borivali (East), Mumbai, MH, IND, 400066
Asahi Infrastructure and Projects Ltd is an Indian company engaged in construction activities. The company provides low-cost affordable housing for the poor and lower middle class.

Asahi Infrastructure and Projects (BOM:512535) Headlines

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