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Vikalp Securities (BOM:531334) Interest Expense : ₹-0.04 Mil (TTM As of Mar. 2024)


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What is Vikalp Securities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vikalp Securities's interest expense for the three months ended in Mar. 2024 was ₹ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.04 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. Vikalp Securities's Operating Income for the three months ended in Mar. 2024 was ₹ -0.57 Mil. Vikalp Securities's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.02 Mil. Vikalp Securities did not have earnings to cover the interest expense. 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.


Vikalp Securities Interest Expense Historical Data

The historical data trend for Vikalp Securities'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.

Vikalp Securities Interest Expense Chart

Vikalp Securities 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 -0.01 - - -0.09 -0.02

Vikalp Securities 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 -0.09 -0.01 -0.01 - -0.02

Vikalp Securities 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 ₹-0.04 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.


Vikalp Securities  (BOM:531334) 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.

Vikalp Securities's Interest Expense for the three months ended in Mar. 2024 was ₹-0.02 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-0.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

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

Vikalp Securities did not have earnings to cover the interest expense.

* 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.


Vikalp Securities (BOM:531334) Business Description

Traded in Other Exchanges
N/A
Address
25/38, Karachi Khana, Kanpur, UP, IND, 208001
Vikalp Securities Ltd is engaged in the business of dealing and trading in shares and investment business.

Vikalp Securities (BOM:531334) Headlines

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