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Northern Arc Capital (BOM:544260) Interest Expense : ₹0 Mil (TTM As of Dec. 2024)


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What is Northern Arc Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Northern Arc Capital'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. Northern Arc Capital's Operating Income for the three months ended in Dec. 2024 was ₹ 1,416 Mil. Northern Arc Capital's Interest Expense for the three months ended in Dec. 2024 was ₹ 0 Mil. Northern Arc Capital 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.


Northern Arc Capital Interest Expense Historical Data

The historical data trend for Northern Arc Capital'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.

Northern Arc Capital Interest Expense Chart

Northern Arc Capital Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-12.41 -14.70 -14.61 -17.50

Northern Arc Capital Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial - - - - -

Northern Arc Capital 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.


Northern Arc Capital  (BOM:544260) 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.

Northern Arc Capital'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 ₹1,416 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Northern Arc Capital's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Northern Arc Capital 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.


Northern Arc Capital Business Description

Traded in Other Exchanges
Address
No. 1, Phase- I, 10th Floor, IITM Research Park, No. 1, Kanagam Village, Taramani, Chennai, TN, IND, 600113
Northern Arc Capital Ltd is a platform in the financial services sector set up to cater to the credit requirements of households and businesses by providing access to debt finance. The Company's operations predominantly relate to arranging, facilitating, and providing finance either in the form of loans, investments, or guarantees. The Company has four reportable segments Financing activity, Investment advisory services, Investment management services, and Portfolio Management services. The company derives maximum revenue from the Financing activity.

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