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Nippon Life India Asset Management (NSE:NAM-INDIA) Interest Expense : ₹-67 Mil (TTM As of Mar. 2025)


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What is Nippon Life India Asset Management Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nippon Life India Asset Management's interest expense for the three months ended in Mar. 2025 was ₹ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-67 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. Nippon Life India Asset Management's Operating Income for the three months ended in Mar. 2025 was ₹ 3,563 Mil. Nippon Life India Asset Management's Interest Expense for the three months ended in Mar. 2025 was ₹ -18 Mil. Nippon Life India Asset Management's Interest Coverage for the quarter that ended in Mar. 2025 was 197.94. 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.


Nippon Life India Asset Management Interest Expense Historical Data

The historical data trend for Nippon Life India Asset Management'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.

Nippon Life India Asset Management Interest Expense Chart

Nippon Life India Asset Management Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.30 -38.20 -39.70 -62.40 -67.40

Nippon Life India Asset Management Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only -16.00 -16.30 -16.60 -16.50 -18.00

Nippon Life India Asset Management 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-67 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.


Nippon Life India Asset Management  (NSE:NAM-INDIA) 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.

Nippon Life India Asset Management's Interest Expense for the three months ended in Mar. 2025 was ₹-18 Mil. Its Operating Income for the three months ended in Mar. 2025 was ₹3,563 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ₹860 Mil.

Nippon Life India Asset Management's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*3563/-18
=197.94

* 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. Nippon Life India Asset Management Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Nippon Life India Asset Management Business Description

Traded in Other Exchanges
Address
Ganapatrao Kadam Marg, 4th Floor, Tower A, Peninsula Business Park, Lower Parel (W), Mumbai, MH, IND, 400013
Nippon Life India Asset Management Ltd is an asset management company managing equity and fixed-income mutual funds. It engages in managing mutual funds including exchange-traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds, and pension funds; and offshore funds and advisory mandates. The group mainly focuses on equity funds, debt funds, gold funds, liquid funds, ETFs, retirement funds, and others.

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