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Nanavati Ventures (BOM:543522) Interest Expense : ₹-0.0 Mil (TTM As of Sep. 2023)


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What is Nanavati Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nanavati Ventures's interest expense for the six months ended in Sep. 2023 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-0.0 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. Nanavati Ventures's Operating Income for the six months ended in Sep. 2023 was ₹ -3.9 Mil. Nanavati Ventures's Interest Expense for the six months ended in Sep. 2023 was ₹ 0.0 Mil. Nanavati Ventures has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Nanavati Ventures Interest Expense Historical Data

The historical data trend for Nanavati Ventures'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.

Nanavati Ventures Interest Expense Chart

Nanavati Ventures Annual Data
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Interest Expense
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Nanavati Ventures Semi-Annual Data
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Nanavati Ventures 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.0 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.


Nanavati Ventures  (BOM:543522) 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.

Nanavati Ventures's Interest Expense for the six months ended in Sep. 2023 was ₹0.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹-3.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.0 Mil.

Nanavati Ventures's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Nanavati Ventures had no long-term debt (1).

* 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.


Nanavati Ventures (BOM:543522) Business Description

Traded in Other Exchanges
N/A
Address
S-414, OM Plaza, Adarsh App. Co-operative housing society, Village: Vijalpor, Taluka: Jalalpore, Navsari, GJ, IND, 396445
Nanavati Ventures Ltd is a diamond trading company. The company sells diamonds largely to a domestic customer base that includes jewellery manufacturers, large department store chains, retail stores, and wholesalers.

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