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Shri Niwas Leasing And Finance (BOM:538897) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)


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What is Shri Niwas Leasing And Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shri Niwas Leasing And Finance'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. Shri Niwas Leasing And Finance's Operating Income for the three months ended in Mar. 2024 was ₹ 0.74 Mil. Shri Niwas Leasing And Finance's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. GuruFocus does not calculate Shri Niwas Leasing And Finance'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.


Shri Niwas Leasing And Finance Interest Expense Historical Data

The historical data trend for Shri Niwas Leasing And Finance'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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Shri Niwas Leasing And Finance Interest Expense Chart

Shri Niwas Leasing And Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
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Shri Niwas Leasing And Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Shri Niwas Leasing And Finance 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.

* 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.


Shri Niwas Leasing And Finance  (BOM:538897) 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.

Shri Niwas Leasing And Finance'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 ₹0.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2.09 Mil.

Shri Niwas Leasing And Finance's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Shri Niwas Leasing And Finance's interest coverage with the available data.

* 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. Shri Niwas Leasing And Finance Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Shri Niwas Leasing And Finance (BOM:538897) Business Description

Traded in Other Exchanges
N/A
Address
47/18, Rajendra Place Metro Station, Old Rajinder Nagar, New Delhi, IND, 110060
Shri Niwas Leasing And Finance Ltd is an India-based non-banking financial company. The company is engaged in offering loans and advances to customers who meet the eligibility criteria for availing services of the company.

Shri Niwas Leasing And Finance (BOM:538897) Headlines

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