Cian Healthcare (BOM:542678) Interest Expense : ₹-57.9 Mil (TTM As of Mar. 2024)

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What is Cian Healthcare Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cian Healthcare's interest expense for the six months ended in Mar. 2024 was ₹ -27.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-57.9 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. Cian Healthcare's Operating Income for the six months ended in Mar. 2024 was ₹ 36.5 Mil. Cian Healthcare's Interest Expense for the six months ended in Mar. 2024 was ₹ -27.1 Mil. Cian Healthcare's Interest Coverage for the quarter that ended in Mar. 2024 was 1.35. 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.

Cian Healthcare Interest Expense Historical Data

The historical data trend for Cian Healthcare'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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Cian Healthcare Interest Expense Chart

Cian Healthcare Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-71.14

-75.44

-61.64

-56.89

-57.90

Cian Healthcare Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial										-29.27	-31.26	-25.63	-30.77	-27.13

Cian Healthcare 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-57.9 Mil.

Cian Healthcare (BOM:542678) 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.

Cian Healthcare's Interest Expense for the six months ended in Mar. 2024 was ₹-27.1 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹36.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹275.0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	36.502	/	-27.126
	=	1.35

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Cian Healthcare Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Cian Healthcare (BOM:542678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cian Healthcare Ltd (BOM:542678) » Definitions » Interest Expense

Traded in Other Exchanges

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Address

Vitthal Rao Shivarkar Road, Office No. 508-511, 5th Floor, Sacred World, Above Macdonald, Wanowrie, Pune, MH, IND, 411040

Website

https://www.cian.co

Cian Healthcare Ltd is a fully integrated pharmaceutical company. It is engaged in the research, development, and manufacturing of different forms of tablets, capsules, soft gels, liquid orals, ointments/ creams & sachets. The company's portfolio comprises of gynecology, hematinic, cardio-diabetic, orthopedic, pediatric, derma-cosmetic, antibiotics, CNS, vitamins, and nutrient products. It operates in five sectors namely Export, Government Supplies, Merchant Export, Own Brand Franchise Business, and Third Party. The majority of the revenue is generated from the Indian Market.

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