Vedant Asset (BOM:543623) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)

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What is Vedant Asset Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vedant Asset's interest expense for the six months ended in Mar. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Vedant Asset's Operating Income for the six months ended in Mar. 2024 was ₹ -1.79 Mil. Vedant Asset's Interest Expense for the six months ended in Mar. 2024 was ₹ 0.00 Mil. GuruFocus does not calculate Vedant Asset's interest coverage with the available data. 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.

Vedant Asset Interest Expense Historical Data

The historical data trend for Vedant Asset'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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Vedant Asset Interest Expense Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.04

-0.01

-0.03

-0.19

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Vedant Asset 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 ₹0.00 Mil.

Vedant Asset (BOM:543623) 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.

Vedant Asset's Interest Expense for the six months ended in Mar. 2024 was ₹0.00 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹-1.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0.20 Mil.

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

GuruFocus does not calculate Vedant Asset's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Vedant Asset Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

Vedant Asset (BOM:543623) Headlines

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