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Naman In-Store (India) (NSE:NAMAN) Interest Expense : ₹-16.6 Mil (TTM As of Sep. 2023)


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What is Naman In-Store (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Naman In-Store (India)'s interest expense for the six months ended in Sep. 2023 was ₹ -16.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-16.6 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. Naman In-Store (India)'s Operating Income for the six months ended in Sep. 2023 was ₹ 106.3 Mil. Naman In-Store (India)'s Interest Expense for the six months ended in Sep. 2023 was ₹ -16.6 Mil. Naman In-Store (India)'s Interest Coverage for the quarter that ended in Sep. 2023 was 6.39. 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.


Naman In-Store (India) Interest Expense Historical Data

The historical data trend for Naman In-Store (India)'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.

Naman In-Store (India) Interest Expense Chart

Naman In-Store (India) Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-2.70 -10.52 -30.29

Naman In-Store (India) Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Interest Expense - - - -16.64

Naman In-Store (India) 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-16.6 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.


Naman In-Store (India)  (NSE:NAMAN) 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.

Naman In-Store (India)'s Interest Expense for the six months ended in Sep. 2023 was ₹-16.6 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹106.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹115.1 Mil.

Naman In-Store (India)'s Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*106.286/-16.635
=6.39

* 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.


Naman In-Store (India) Business Description

Traded in Other Exchanges
N/A
Address
National Highway No. 48, Unit No. 04/47, Kantharia Industrial Estate, Survey No.: 90/3/2/B, Opposite Sopara Phata Police Station, At & Post-Pelhar, Taluka- Vasai, District-Palghar, Palghar, MH, IND, 401208
Naman In-Store (India) Ltd is a display and retail furniture and fixture company with a broad spectrum of offerings and in-store solutions for various industries and retail stores. It manufacture modular furniture for offices, beauty stores, low-housing kitchens, educational institution as well as supermarket shelving solutions. It is engaged in single segment that is in the manufacturing of customized Retail Store fixtures and furniture in Wood, Metal, Plastic, Display fixtures & Furniture's, Indoor fixtures, Full Shops, CTU, CDU, POSM merchandising and others.

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