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Globus Power Generation (BOM:526025) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)


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What is Globus Power Generation Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Globus Power Generation's interest expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Globus Power Generation's Operating Income for the three months ended in Mar. 2024 was ₹ -1.52 Mil. Globus Power Generation's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Globus Power Generation 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.


Globus Power Generation Interest Expense Historical Data

The historical data trend for Globus Power Generation'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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Globus Power Generation Interest Expense Chart

Globus Power Generation 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 -0.02 -0.03 - - -

Globus Power Generation Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Globus Power Generation 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.00 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.


Globus Power Generation  (BOM:526025) 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.

Globus Power Generation's Interest Expense for the three months ended in Mar. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-1.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

Globus Power Generation's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Globus Power Generation 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:

Globus Power Generation Ltd has no debt.


Globus Power Generation (BOM:526025) Business Description

Traded in Other Exchanges
N/A
Address
Naraina Industrial Area, A-60, Phase-I, New Delhi, UP, IND, 110028
Globus Power Generation Ltd is a company engaged in the business of making investments in the infrastructure sector particularly power generation business and acquisition of wind/biomass/solar power plants. It is also involved in investing in other securities, derivatives, mutual funds, and properties. It offers an alternative revelation to conventional sources, such as coal and gasoline. It is involved in the sale of biomass fuel in the line of activity of power generation.

Globus Power Generation (BOM:526025) Headlines

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