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Vasa Denticity (NSE:DENTALKART) Interest Expense : ₹-1 Mil (TTM As of Mar. 2024)


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What is Vasa Denticity Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vasa Denticity's interest expense for the six months ended in Mar. 2024 was ₹ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1 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. Vasa Denticity's Operating Income for the six months ended in Mar. 2024 was ₹ 117 Mil. Vasa Denticity's Interest Expense for the six months ended in Mar. 2024 was ₹ -0 Mil. Vasa Denticity's Interest Coverage for the quarter that ended in Mar. 2024 was 594.85. 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.

Vasa Denticity Interest Expense Historical Data

The historical data trend for Vasa Denticity'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.

Vasa Denticity Interest Expense Chart

Vasa Denticity Annual Data
Trend Mar20 Mar21 Mar22 Mar24
Interest Expense
-0.55 -0.53 -4.29 -0.73

Vasa Denticity Semi-Annual Data
Mar20 Mar21 Mar22 Sep23 Mar24
Interest Expense - - - -0.53 -0.20

Vasa Denticity 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 ₹-1 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.

Vasa Denticity  (NSE:DENTALKART) 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.

Vasa Denticity's Interest Expense for the six months ended in Mar. 2024 was ₹-0 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹117 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*116.59/-0.196
=594.85

* 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.

Good Sign:

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

Vasa Denticity (NSE:DENTALKART) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Vasa Denticity Ltd (NSE:DENTALKART) » Definitions » Interest Expense
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NSE:REMUS BOM:530697 BOM:540695 BOM:536565 MCK COR CAH HSIC SHSE:601607 HKSE:01099 MIL:AMP NZSE:EBO XSWX:GALE TSE:7459 TSE:2784 PDCO SHSE:600739 TSE:9987 SHSE:600056 SZSE:000028
Traded in Other Exchanges
N/A
Address
Village, P.O. Chattarpur, Khasra No. 714, South Delhi, Delhi, IND, 110074
Website
https://www.dentalkart.com
Vasa Denticity Ltd is engaged in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through our online portal Dentalkart.com. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.

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