Quasar India (BOM:538452) Interest Expense : ₹0.0 Mil (TTM As of Mar. 2024)

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What is Quasar India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quasar India's interest expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.0 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. Quasar India's Operating Income for the three months ended in Mar. 2024 was ₹ 0.7 Mil. Quasar India's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. GuruFocus does not calculate Quasar India's interest coverage with the available data. 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.

Quasar India Interest Expense Historical Data

The historical data trend for Quasar India'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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Quasar India Interest Expense Chart

Quasar India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.01

-0.02

-0.16

-0.67

Quasar India 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															-0.31	-	-	-	-

Quasar India 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 ₹0.0 Mil.

Quasar India (BOM:538452) 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.

Quasar India's Interest Expense for the three months ended in Mar. 2024 was ₹0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹0.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.1 Mil.

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

GuruFocus does not calculate Quasar India's interest coverage with the available data.

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

Quasar India (BOM:538452) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quasar India Ltd (BOM:538452) » Definitions » Interest Expense

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Address

Plot No. 3, Sector-14, Rohini, 305, Third Floor, Aggarwal Plaza, New Delhi, IND, 110085

Website

http://www.quasarindia.in

Quasar India Ltd is a trading company engaged in single-segment Agriculture Trading. It generates revenue through Agriculture Trading Sales.

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