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Veerkrupa Jewellers (BOM:543545) Interest Expense : ₹-0.0 Mil (TTM As of Sep. 2024)


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What is Veerkrupa Jewellers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Veerkrupa Jewellers's interest expense for the six months ended in Sep. 2024 was ₹ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 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. Veerkrupa Jewellers's Operating Income for the six months ended in Sep. 2024 was ₹ 0.1 Mil. Veerkrupa Jewellers's Interest Expense for the six months ended in Sep. 2024 was ₹ -0.0 Mil. Veerkrupa Jewellers's Interest Coverage for the quarter that ended in Sep. 2024 was 5.72. 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.


Veerkrupa Jewellers Interest Expense Historical Data

The historical data trend for Veerkrupa Jewellers'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.

Veerkrupa Jewellers Interest Expense Chart

Veerkrupa Jewellers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial - - -0.03 - -0.03

Veerkrupa Jewellers Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 0.03 -0.03 -0.01 -0.02

Veerkrupa Jewellers 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. 2024 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.


Veerkrupa Jewellers  (BOM:543545) 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.

Veerkrupa Jewellers's Interest Expense for the six months ended in Sep. 2024 was ₹-0.0 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹0.0 Mil.

Veerkrupa Jewellers's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*0.103/-0.018
=5.72

* 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.


Veerkrupa Jewellers Business Description

Traded in Other Exchanges
N/A
Address
Shop No. 7, Vrundavan Residency, Near Satyam School, Near Dharmnath Prabhu Society, Naroda, Ahmedabad, GJ, IND, 382 330
Veerkrupa Jewellers Ltd is engaged in the jewellery business including the sale of silver, gold, studded and other jewellery products. The company's jewellery is made of gold, silver, studded and other jewellery products that includes diamond, platinum and other precious and semi-precious stones.

Veerkrupa Jewellers Headlines

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