Pyxis Finvest (BOM:534109) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2023)

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What is Pyxis Finvest Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pyxis Finvest's interest expense for the six months ended in Mar. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 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. Pyxis Finvest's Operating Income for the six months ended in Mar. 2023 was ₹ 10.67 Mil. Pyxis Finvest's Interest Expense for the six months ended in Mar. 2023 was ₹ 0.00 Mil. Pyxis Finvest 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.

Pyxis Finvest Interest Expense Historical Data

The historical data trend for Pyxis Finvest'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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Pyxis Finvest Interest Expense Chart

Pyxis Finvest Annual Data

Trend

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Interest Expense

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-0.02

Pyxis Finvest Semi-Annual Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Pyxis Finvest 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.00 Mil.

Pyxis Finvest (BOM:534109) 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.

Pyxis Finvest's Interest Expense for the six months ended in Mar. 2023 was ₹0.00 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹10.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹0.00 Mil.

Pyxis Finvest's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Pyxis Finvest had no long-term debt ⁽¹⁾.

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

Good Sign:

Pyxis Finvest Ltd has no debt.

Pyxis Finvest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Pyxis Finvest Ltd (BOM:534109) » Definitions » Interest Expense

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Address

Vidyanagari Marg, CST Road, Level 9 (Unit 801), Centrum House, Kalina, Santacruz (East), Mumbai, MH, IND, 400098

Website

https://www.pyxisfinvest.com

Pyxis Finvest Ltd is an India-based non-banking financial company. It is engaged in rendering non-mortgage loan services mainly for business purposes. In addition, it is also involved in granting loans to individuals. The company also offers loans against securities and provides financing facilities for application in initial public offerings (IPOs) and follow-on public offerings (FPOs).

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