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Dhanada (BOM:531198) Interest Expense : ₹-51.48 Mil (TTM As of Sep. 2022)


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What is Dhanada Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dhanada's interest expense for the three months ended in Sep. 2022 was ₹ -13.69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was ₹-51.48 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. Dhanada's Operating Income for the three months ended in Sep. 2022 was ₹ 1.36 Mil. Dhanada's Interest Expense for the three months ended in Sep. 2022 was ₹ -13.69 Mil. Dhanada's Interest Coverage for the quarter that ended in Sep. 2022 was 0.10. 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.


Dhanada Interest Expense Historical Data

The historical data trend for Dhanada'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.

Dhanada Interest Expense Chart

Dhanada Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.35 -30.44 -35.47 -41.10 -47.78

Dhanada Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -11.80 -12.25 -12.50 -13.05 -13.69

Dhanada 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-51.48 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.


Dhanada  (BOM:531198) 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.

Dhanada's Interest Expense for the three months ended in Sep. 2022 was ₹-13.69 Mil. Its Operating Income for the three months ended in Sep. 2022 was ₹1.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was ₹0.00 Mil.

Dhanada's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2022 )/Interest Expense (Q: Sep. 2022 )
=-1*1.363/-13.693
=0.10

* 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.


Dhanada Business Description

Traded in Other Exchanges
N/A
Address
5B/14, Laxminarayan Nagar, S. No. 11/12, Part Erandawane, Pune, MH, IND, 411004
Dhanada Corp Ltd is in the business of hospitality and hotel industries. Principally, it is engaged in the services of short-term accommodation and food and beverages. The company's single segment includes Hospitality. It operates VITS Aurangabad, a five-star hotel with over 100 guest rooms located in Aurangabad, central Maharashtra, India. It also provides training and e-learning services to undergraduates and postgraduates in the field of finance, marketing, human resource, operation and other critical verticals.

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