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Nirmitee Robotics India (BOM:543194) Interest Expense : ₹-2.28 Mil (TTM As of Mar. 2024)


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What is Nirmitee Robotics India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nirmitee Robotics India's interest expense for the six months ended in Mar. 2024 was ₹ -1.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2.28 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. Nirmitee Robotics India's Operating Income for the six months ended in Mar. 2024 was ₹ -4.18 Mil. Nirmitee Robotics India's Interest Expense for the six months ended in Mar. 2024 was ₹ -1.15 Mil. Nirmitee Robotics India 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.


Nirmitee Robotics India Interest Expense Historical Data

The historical data trend for Nirmitee Robotics 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.

* Premium members only.

Nirmitee Robotics India Interest Expense Chart

Nirmitee Robotics India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -0.05 -0.34 -0.12 -0.77 -2.28

Nirmitee Robotics India Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.17 -0.60 -1.13 -1.15

Nirmitee Robotics 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-2.28 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.


Nirmitee Robotics India  (BOM:543194) 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.

Nirmitee Robotics India's Interest Expense for the six months ended in Mar. 2024 was ₹-1.15 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹-4.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹13.56 Mil.

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

Nirmitee Robotics India 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.


Nirmitee Robotics India (BOM:543194) Business Description

Traded in Other Exchanges
N/A
Address
Hingna, MIDC, D 3/2, Nagpur, MH, IND, 440028
Nirmitee Robotics India Ltd is a tech-based company making robots using robotic technology. It provides HVAC Duct Cleaning and Ozone sterilization services with these robots. The company makes custom made robots operated by machines that clean the inside of HVAC Air Ducts - by scrubbing, polishing, sucking, scraping, and removal of the accumulated contaminants like dust, debris, bacteria, mold, and even dead pests and rodents and provides the Ozone treatment to the ducts from the inside and thus sanitizes it.

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