Nidan Laboratories and Healthcare (NSE:NIDAN) Interest Expense: ₹-20.7 Mil (TTM As of Mar. 2025)

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NSE:NIDAN Nidan Laboratories and Healthcare Ltd NSE:NIDAN
67 GF Score
Price ₹13.25
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What is Nidan Laboratories and Healthcare Interest Expense?

Nidan Laboratories and Healthcare NSE:NIDAN -1.12% 67 Interest Expense is ₹-20.7 Mil as of Mar. 2025. GuruFocus rates NSE:NIDAN with a GF Score™ of 67/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nidan Laboratories and Healthcare's interest expense for the six months ended in Mar. 2025 was ₹ -11.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-20.7 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. Nidan Laboratories and Healthcare's Operating Income for the six months ended in Mar. 2025 was ₹ 13.9 Mil. Nidan Laboratories and Healthcare's Interest Expense for the six months ended in Mar. 2025 was ₹ -11.9 Mil. Nidan Laboratories and Healthcare's Interest Coverage for the quarter that ended in Mar. 2025 was 1.17. 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.


Nidan Laboratories and Healthcare  (NSE:NIDAN) 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.

Nidan Laboratories and Healthcare's Interest Expense for the six months ended in Mar. 2025 was ₹-11.9 Mil. Its Operating Income for the six months ended in Mar. 2025 was ₹13.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2025 was ₹39.0 Mil.

Nidan Laboratories and Healthcare'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*13.912/-11.869
=1.17

* 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.


Nidan Laboratories and Healthcare Interest Expense Historical Data

* Premium members only.

The historical data trend for Nidan Laboratories and Healthcare'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.

Nidan Laboratories and Healthcare Interest Expense Chart

Nidan Laboratories and Healthcare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial -33.64 -24.35 -20.95 -20.86 -20.66

Nidan Laboratories and Healthcare Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -10.62 -9.77 -11.09 -8.79 -11.87
NSE:NIDAN
67GF Score
Nidan Laboratories and Healthcare Ltd NSE:NIDAN
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nidan Laboratories and Healthcare 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-20.7 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-20.7 Mil mean?
Nidan Laboratories and Healthcare (NSE:NIDAN) has a Interest Expense of ₹-20.7 Mil as of Mar. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Nidan Laboratories and Healthcare and its competitors.
Is Nidan Laboratories and Healthcare's Interest Expense too high?
Nidan Laboratories and Healthcare's current Interest Expense is ₹-20.7 Mil. Overall, Nidan Laboratories and Healthcare has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Nidan Laboratories and Healthcare's Interest Expense compare to TMO and DHR?
Nidan Laboratories and Healthcare's Interest Expense of ₹-20.7 Mil can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Medical Diagnostics & Research company?
A good Interest Expense depends on the Medical Diagnostics & Research industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Nidan Laboratories and Healthcare and its competitors. Nidan Laboratories and Healthcare's current Interest Expense is ₹-20.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidan Laboratories and Healthcare stock overvalued right now?
Nidan Laboratories and Healthcare (NSE:NIDAN) has a current Interest Expense of ₹-20.7 Mil. The current Interest Expense is ₹-20.7 Mil. Nidan Laboratories and Healthcare's overall GF Score™ is 67/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Nidan Laboratories and Healthcare (NSE:NIDAN), the current Interest Expense is ₹-20.7 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nidan Laboratories and Healthcare Business Description

Address Vartak Road, SY No. 294/A H. No. 18, Swapnshilpa Bunglow, Behind Aarti Apartment, Virar West, Palghar, Virar, MH, IND, 401303
Nidan Laboratories and Healthcare Ltd offer diagnostic services including radiology, neurology, cardiology, dental as well as pathology services. The company provides pathology tests ranging from basic biochemistry and clinical pathology to cytogenetic and high-end molecular diagnostic tests, and radiology tests ranging from basic echocardiograms, X-Rays, and ultrasounds to radiology tests including computerized tomography scans, magnetic resonance imaging scans.
67GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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