Ace Edutrend (BOM:530093) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Ace Edutrend Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ace Edutrend'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. Ace Edutrend's Operating Income for the three months ended in Mar. 2024 was ₹ -0.25 Mil. Ace Edutrend's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Ace Edutrend 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.

Ace Edutrend Interest Expense Historical Data

The historical data trend for Ace Edutrend'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.

Ace Edutrend Interest Expense Chart

Ace Edutrend Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-0.65

-0.04

Ace Edutrend 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															-	-	-	-	-

Ace Edutrend 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.

Ace Edutrend (BOM:530093) 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.

Ace Edutrend'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 ₹-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

Ace Edutrend's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Ace Edutrend had no long-term debt ⁽¹⁾.

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

Good Sign:

Ace Edutrend Ltd has no debt.

Ace Edutrend (BOM:530093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ace Edutrend Ltd (BOM:530093) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-7/6, Jhilmil Industrial Area, Shahdara, New Delhi, IND, 110095

Website

http://www.aceedutrend.co.in

Ace Edutrend Ltd is an India-based company engaged in providing coaching and vocational secondary education. The company is engaged in the Tutoring and Coaching Segment and providing Higher and Vocational Education.

Ace Edutrend (BOM:530093) Headlines

No Headlines