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India Shelter Finance (BOM:544044) Interest Expense : ₹0 Mil (TTM As of Dec. 2024)


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What is India Shelter Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. India Shelter Finance's interest expense for the three months ended in Dec. 2024 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹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. India Shelter Finance's Operating Income for the three months ended in Dec. 2024 was ₹ 1,032 Mil. India Shelter Finance's Interest Expense for the three months ended in Dec. 2024 was ₹ 0 Mil. India Shelter Finance 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.

India Shelter Finance Interest Expense Historical Data

The historical data trend for India Shelter Finance'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.

India Shelter Finance Interest Expense Chart

India Shelter Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-7.85 -9.59 -15.38 -21.55

India Shelter Finance Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

India Shelter Finance 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹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.

India Shelter Finance  (BOM:544044) 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.

India Shelter Finance's Interest Expense for the three months ended in Dec. 2024 was ₹0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹1,032 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

India Shelter Finance's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

India Shelter Finance 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.

India Shelter Finance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » India Shelter Finance Corporation Ltd (BOM:544044) » Definitions » Interest Expense
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Traded in Other Exchanges
INDIASHLTR:India
Address
3 rd Floor, Upper Ground Floor and Lower Ground Floor, Plot No. 15, Institutional Area, Sector 44, Gurugram, HR, IND, 122002
Website
https://www.indiashelter.in
India Shelter Finance Corporation Ltd is a retail-focused affordable housing finance company. It provides housing loans and loans against properties in India and aims self-employed customers with a focus on first time home loan takers in the low and middle income group in Tier II and Tier III cities in India and has a network of 183 branches spread across 15 states that include Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Gujarat, etc. It has a single business segment which is providing housing loans and loans against properties in India only.

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