Nihar Info Global (BOM:531083) Interest Expense : ₹-2.61 Mil (TTM As of Dec. 2024)

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What is Nihar Info Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nihar Info Global's interest expense for the three months ended in Dec. 2024 was ₹ -0.43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-2.61 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. Nihar Info Global's Operating Income for the three months ended in Dec. 2024 was ₹ 1.53 Mil. Nihar Info Global's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.43 Mil. Nihar Info Global's Interest Coverage for the quarter that ended in Dec. 2024 was 3.60. 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.

Nihar Info Global Interest Expense Historical Data

The historical data trend for Nihar Info Global'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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Nihar Info Global Interest Expense Chart

Nihar Info Global Annual Data

Trend

Mar15

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Mar20

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Mar24

Interest Expense

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-1.19

-1.31

-1.58

-2.34

Nihar Info Global Quarterly Data
	Mar20	Jun20	Sep20	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															-0.42	-1.07	-0.28	-0.84	-0.43

Nihar Info Global 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 ₹-2.61 Mil.

Nihar Info Global (BOM:531083) 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.

Nihar Info Global's Interest Expense for the three months ended in Dec. 2024 was ₹-0.43 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹1.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.00 Mil.

Nihar Info Global'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	*	1.528	/	-0.425
	=	3.60

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

Nihar Info Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nihar Info Global Ltd (BOM:531083) » Definitions » Interest Expense

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Address

H.No: 1-98/9/3/32T, Image Garden Road, 2nd Floor, Plot No: 50, Syno-70871, Silicon Valley, Madhapur, Hyderabad, TG, IND, 500 081

Website

http://www.nihar.info

Nihar Info Global Ltd is engaged in e-commerce and software business in India. The company undertakes the development and/or trade-in sale, import, or export of computer software and carries out the business of Research and development, designing, manufacturing, trading, and dealing in all types of computer software and hardware and renders consultancy services in the field of software development and turnkey projects and solutions. The Company operates in areas like e-Commerce, Software Development, B2B / Bulk Sales, Corporate Sales, and Audio-Visual Systems.

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