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Bervin Investment & Leasing (BOM:531340) Interest Expense : ₹-13.85 Mil (TTM As of Dec. 2023)


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What is Bervin Investment & Leasing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bervin Investment & Leasing's interest expense for the three months ended in Dec. 2023 was ₹ -2.93 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-13.85 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. Bervin Investment & Leasing's Operating Income for the three months ended in Dec. 2023 was ₹ -0.81 Mil. Bervin Investment & Leasing's Interest Expense for the three months ended in Dec. 2023 was ₹ -2.93 Mil. Bervin Investment & Leasing 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.


Bervin Investment & Leasing Interest Expense Historical Data

The historical data trend for Bervin Investment & Leasing'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.

Bervin Investment & Leasing Interest Expense Chart

Bervin Investment & Leasing Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.44 -8.26 -6.26 -3.93 -9.00

Bervin Investment & Leasing Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.93 -3.54 -4.45 -2.93 -2.93

Bervin Investment & Leasing 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-13.85 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.


Bervin Investment & Leasing  (BOM:531340) 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.

Bervin Investment & Leasing's Interest Expense for the three months ended in Dec. 2023 was ₹-2.93 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-0.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

Bervin Investment & Leasing's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Bervin Investment & Leasing 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.


Bervin Investment & Leasing (BOM:531340) Business Description

Traded in Other Exchanges
N/A
Address
3, Tolstoy Marg, 607, Rohit House, New Delhi, IND, 110001
Bervin Investment & Leasing Ltd is an India-based finance company. Principally, it is engaged in the business of leasing and investment activities. It also engages in the leasing of assets/assets financing. It operates in one segment which is Investment and Leasing.

Bervin Investment & Leasing (BOM:531340) Headlines

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