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Nandani Creation (NSE:JAIPURKURT) Interest Expense : ₹-7.4 Mil (TTM As of Jun. 2024)


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What is Nandani Creation Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nandani Creation's interest expense for the three months ended in Jun. 2024 was ₹ -7.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-7.4 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. Nandani Creation's Operating Income for the three months ended in Jun. 2024 was ₹ 20.6 Mil. Nandani Creation's Interest Expense for the three months ended in Jun. 2024 was ₹ -7.4 Mil. Nandani Creation's Interest Coverage for the quarter that ended in Jun. 2024 was 2.79. 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.


Nandani Creation Interest Expense Historical Data

The historical data trend for Nandani Creation'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.

Nandani Creation Interest Expense Chart

Nandani Creation Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.48 -17.24 -14.07 -22.88 -22.74

Nandani Creation Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Jun23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.10 - -7.21 - -7.38

Nandani Creation 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-7.4 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.


Nandani Creation  (NSE:JAIPURKURT) 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.

Nandani Creation's Interest Expense for the three months ended in Jun. 2024 was ₹-7.4 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹20.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0.0 Mil.

Nandani Creation's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*20.586/-7.375
=2.79

* 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.


Nandani Creation Business Description

Traded in Other Exchanges
N/A
Address
G-13, Kartarpura Industrial Area, Near 22 Godam, Jaipur, RJ, IND, 302006
Nandani Creation Ltd is engaged in Manufacturing, produced, import, export, wholesalers, trader, buyer, seller, job workers of dress materials, suits, sarees, and garments for men, women, and children including sportswear, activewear, daily wear, fashion wears, party wears wearing apparels purses, belts, wallets, and other allied good made from cotton, silk, synthetics, jute, velvet, woolen, leather, rexine. The company sells its products through its Website, jaipurkurti.com, and online portals to consumers and retail users. It derives the majority of its income from India.

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