Goyal Associates (BOM:530663) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)

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What is Goyal Associates Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goyal Associates'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. Goyal Associates's Operating Income for the three months ended in Mar. 2024 was ₹ 2.39 Mil. Goyal Associates's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. GuruFocus does not calculate Goyal Associates's interest coverage with the available data. 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.

Goyal Associates Interest Expense Historical Data

The historical data trend for Goyal Associates'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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Goyal Associates Interest Expense Chart

Goyal Associates Annual Data

Trend

Mar15

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Mar24

Interest Expense

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-0.50

-0.91

-0.83

Goyal Associates 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															-	-	-	-	-

Goyal Associates 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.

Goyal Associates (BOM:530663) 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.

Goyal Associates'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 ₹2.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹11.73 Mil.

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

GuruFocus does not calculate Goyal Associates's interest coverage with the available data.

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

Goyal Associates (BOM:530663) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Goyal Associates Ltd (BOM:530663) » Definitions » Interest Expense

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Address

Hitech City Road, Plot No. 57, Dwarka Central, 5th Floor, VIP Hills, Jai Hind Enclave, Madhapur, TG, IND, 500081

Website

https://www.goyalassociateslimited.com

Goyal Associates Ltd is an India-based non-banking financial company. It is classified as a non-deposit-taking company and is engaged mainly in Investment, financing activities, and other related services. The company generates its revenue from its operations. Geographically, it operates in India.

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