Afloat Enterprises (BOM:543377) Interest Expense: ₹-0.00 Mil (TTM As of Mar. 2026)

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BOM:543377 Afloat Enterprises Ltd BOM:543377
42 GF Score
Price ₹7.13
GF Value ₹1.72
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Afloat Enterprises Interest Expense?

Afloat Enterprises BOM:543377 -9.97% 42 Interest Expense is ₹-0.00 Mil as of Mar. 2026. GuruFocus rates BOM:543377 with a GF Score™ of 42/100 and a GF Value™ of ₹1.72 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Afloat Enterprises's interest expense for the six months ended in Mar. 2026 was ₹ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 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. Afloat Enterprises's Operating Income for the six months ended in Mar. 2026 was ₹ 0.65 Mil. Afloat Enterprises's Interest Expense for the six months ended in Mar. 2026 was ₹ -0.00 Mil. Afloat Enterprises's Interest Coverage for the quarter that ended in Mar. 2026 was 217.67. 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.


Afloat Enterprises  (BOM:543377) 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.

Afloat Enterprises's Interest Expense for the six months ended in Mar. 2026 was ₹-0.00 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹0.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹0.00 Mil.

Afloat Enterprises's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.653/-0.003
=217.67

* 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.


Afloat Enterprises Interest Expense Historical Data

* Premium members only.

The historical data trend for Afloat Enterprises'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.

Afloat Enterprises Interest Expense Chart

Afloat Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -1.53 0.00 -0.01 -0.07 -0.00

Afloat Enterprises Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.07 0.00 0.00 -0.00
BOM:543377
42GF Score
Afloat Enterprises Ltd BOM:543377
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afloat Enterprises 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. 2026 adds up the semi-annually 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-0.00 Mil mean?
Afloat Enterprises (BOM:543377) has a Interest Expense of ₹-0.00 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Afloat Enterprises and its competitors.
Is Afloat Enterprises' Interest Expense too high?
Afloat Enterprises' current Interest Expense is ₹-0.00 Mil. Overall, Afloat Enterprises has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Afloat Enterprises' Interest Expense compare to NUE and STLD?
Afloat Enterprises' Interest Expense of ₹-0.00 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Steel company?
A good Interest Expense depends on the Steel industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Afloat Enterprises and its competitors. Afloat Enterprises's current Interest Expense is ₹-0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afloat Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Afloat Enterprises (BOM:543377) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.72, compared to a current price of ₹7.13 — trading 314.5% above its estimated fair value. The current Interest Expense is ₹-0.00 Mil. Afloat Enterprises' overall GF Score™ is 42/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Afloat Enterprises (BOM:543377), the current Interest Expense is ₹-0.00 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Afloat Enterprises (BOM:543377) Overvalued in 2026?

Based on GuruFocus' analysis, Afloat Enterprises stock appears to be overvalued. The current stock price of ₹7.13 is trading 314.5% above its estimated GF Value™ of ₹1.72. GuruFocus considers Afloat Enterprises to be Significantly Overvalued.

Key valuation signals for BOM:543377:

  • Interest Expense: ₹-0.00 Mil
  • GF Value™: ₹1.72 vs. price of ₹7.13 (314.5% above fair value)
  • GF Score™: 42/100 with 8 warning signs

No single metric tells the full story. See the BOM:543377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Afloat Enterprises Business Description

Address Aggarwal Plaza, Plot 3, Shop 325, 3rd Floor, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085
Afloat Enterprises Ltd operates in the trading of metals, with a core focus on iron and steel products. The company's business activities include the manufacture, production, procurement, conversion, sale, and trading of various iron and steel items such as tin plates, ETP sheets, and stainless products. Additionally, it deals in commodities like diamonds, gold, wheat, rice, and oils, engaging in trading both within India and internationally. The company generates revenue prominently from its metal trading operations and commodities trading. Its operations are majorly based in India, serving various industrial and commodity markets across the country and abroad.
42GF Score

Get the complete analysis for BOM:543377

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹7.13
Price
₹1.72
GF Value