Vaibhav Global (NSE:VAIBHAVGBL) Interest Expense : ₹-106 Mil (TTM As of Jun. 2024)

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What is Vaibhav Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vaibhav Global's interest expense for the three months ended in Jun. 2024 was ₹ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-106 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. Vaibhav Global's Operating Income for the three months ended in Jun. 2024 was ₹ 322 Mil. Vaibhav Global's Interest Expense for the three months ended in Jun. 2024 was ₹ -34 Mil. Vaibhav Global's Interest Coverage for the quarter that ended in Jun. 2024 was 9.36. 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.

Vaibhav Global Interest Expense Historical Data

The historical data trend for Vaibhav Global'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.

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Vaibhav Global Interest Expense Chart

Vaibhav Global Annual Data

Trend

Mar15

Mar16

Mar17

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Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-31.26

-31.77

-47.84

-63.91

-99.46

Vaibhav Global Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-27.90	-29.13	-31.98	-10.46	-34.41

Vaibhav Global 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 ₹-106 Mil.

Vaibhav Global (NSE:VAIBHAVGBL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vaibhav Global's Interest Expense for the three months ended in Jun. 2024 was ₹-34 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹322 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

Vaibhav Global'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	*	322.043	/	-34.405
	=	9.36

The higher the ratio, the stronger the company's financial strength is.

Vaibhav Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vaibhav Global Ltd (NSE:VAIBHAVGBL) » Definitions » Interest Expense

Traded in Other Exchanges

532156:India

Address

E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022

Website

https://www.vaibhavglobal.com

Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, and Other Countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing/ trading and retail of fashion and lifestyle products.

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