Step Two (BOM:531509) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)

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What is Step Two Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Step Two'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. Step Two's Operating Income for the three months ended in Mar. 2024 was ₹ -19.50 Mil. Step Two's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Step Two has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Step Two Interest Expense Historical Data

The historical data trend for Step Two'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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Step Two Interest Expense Chart

Step Two Annual Data

Trend

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Interest Expense

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Step Two Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Step Two 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.

Step Two (BOM:531509) 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.

Step Two'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 ₹-19.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

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

Step Two had no long-term debt ⁽¹⁾.

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

Good Sign:

Step Two Corp Ltd has no debt.

Step Two (BOM:531509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Step Two Corp Ltd (BOM:531509) » Definitions » Interest Expense

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Address

AVANI SIGNATURE, 91A/1, Park Street, Kolkata, WB, IND, 700 016

Website

http://www.steptwo.in

Step Two Corp Ltd is a registered non-banking finance company engaged in the business of providing finance. The Company is registered with Reserve Bank of India as a Non Banking Finance Co.(NBFC). The Company is primarily engaged in providing Business Loans, and is also engaged in Trading and Investment in Shares & Securities. The majority of the revenue is generated from Interest Income.

Step Two (BOM:531509) Headlines

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