GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HB Stockholdings Ltd (BOM:532216) » Definitions » Interest Expense

HB Stockholdings (BOM:532216) Interest Expense : ₹-1.0 Mil (TTM As of Jun. 2024)


View and export this data going back to 2000. Start your Free Trial

What is HB Stockholdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HB Stockholdings's interest expense for the three months ended in Jun. 2024 was ₹ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-1.0 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. HB Stockholdings's Operating Income for the three months ended in Jun. 2024 was ₹ 91.0 Mil. HB Stockholdings's Interest Expense for the three months ended in Jun. 2024 was ₹ -0.3 Mil. HB Stockholdings's Interest Coverage for the quarter that ended in Jun. 2024 was 305.31. 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.

HB Stockholdings Interest Expense Historical Data

The historical data trend for HB Stockholdings'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.

HB Stockholdings Interest Expense Chart

HB Stockholdings 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 -0.43 -0.29 -0.13 -0.40 -0.95

HB Stockholdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.25 -0.24 -0.23 -0.22 -0.30

HB Stockholdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1.0 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.

HB Stockholdings  (BOM:532216) 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.

HB Stockholdings's Interest Expense for the three months ended in Jun. 2024 was ₹-0.3 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹91.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0.0 Mil.

HB Stockholdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*90.981/-0.298
=305.31

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. HB Stockholdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

HB Stockholdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HB Stockholdings Ltd (BOM:532216) » Definitions » Interest Expense
Comparable Companies
BOM:532284 BOM:511493 BOM:531931 BOM:539545 BOM:531821 BOM:542911 BOM:511557 BOM:507864 BOM:511012 BOM:512103 MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908
Traded in Other Exchanges
HBSL:India
Address
Plot No. 31, Echelon Institutional Area, Sector-32, Gurugram, HR, IND, 122001
Website
https://www.hbstockholdings.com
HB Stockholdings Ltd is a Non-banking financial company Non-Systemically Important Non-Deposit taking Company registered with the Reserve Bank of India Its objective is to provide all fund and non-fund-based financial services. The company presently carries on the activities of investment in securities (Sale and Purchase of Securities). The principal business activity of the company is to undertake financial services, investing, and dealing in various kinds of securities. Details of Loans, Guarantees, and Investments. there are no separate reportable segments.

HB Stockholdings Headlines

No Headlines