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My Money Securities (BOM:538862) Interest Expense : ₹-0.5 Mil (TTM As of Dec. 2024)


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What is My Money Securities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. My Money Securities's interest expense for the three months ended in Dec. 2024 was ₹ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-0.5 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. My Money Securities's Operating Income for the three months ended in Dec. 2024 was ₹ -14.3 Mil. My Money Securities's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.1 Mil. My Money Securities 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.


My Money Securities Interest Expense Historical Data

The historical data trend for My Money Securities'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.

My Money Securities Interest Expense Chart

My Money Securities 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 -0.85 -0.87 -0.41 -0.74 -1.38

My Money Securities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.35 -0.23 -0.07 -0.12 -0.05

My Money Securities 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.5 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.


My Money Securities  (BOM:538862) 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.

My Money Securities's Interest Expense for the three months ended in Dec. 2024 was ₹-0.1 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-14.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

My Money Securities's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

My Money Securities 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.

Good Sign:

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


My Money Securities Business Description

Traded in Other Exchanges
N/A
Address
10-A, Under Hill Lane, Civil Lines, Delhi, IND, 110054
My Money Securities Ltd is an India-based stock broking company. The company is involved in the business of equities and derivatives trading, commodities trading and currencies trading. Its broking business covers the spectrum of participants in the capital markets ranging from FIIs to Domestic institutions, HNIs to mass retail. The principal services offered by the company include broking for equities and depository participant services and syndication.

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