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Vasa Retail & Overseas (NSE:VASA) Interest Expense : ₹-29.08 Mil (TTM As of Mar. 2022)


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What is Vasa Retail & Overseas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vasa Retail & Overseas's interest expense for the six months ended in Mar. 2022 was ₹ -14.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was ₹-29.08 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. Vasa Retail & Overseas's Operating Income for the six months ended in Mar. 2022 was ₹ -1.16 Mil. Vasa Retail & Overseas's Interest Expense for the six months ended in Mar. 2022 was ₹ -14.14 Mil. Vasa Retail & Overseas did not have earnings to cover the interest expense. 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.

Vasa Retail & Overseas Interest Expense Historical Data

The historical data trend for Vasa Retail & Overseas'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.

Vasa Retail & Overseas Interest Expense Chart

Vasa Retail & Overseas Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.15 -17.07 -25.16 -29.08 -

Vasa Retail & Overseas Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Oct17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 -9.06 -16.10 -14.93 -14.14 -

Vasa Retail & Overseas 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-29.08 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.

Vasa Retail & Overseas  (NSE:VASA) 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.

Vasa Retail & Overseas's Interest Expense for the six months ended in Mar. 2022 was ₹-14.14 Mil. Its Operating Income for the six months ended in Mar. 2022 was ₹-1.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2022 was ₹111.75 Mil.

Vasa Retail & Overseas's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Vasa Retail & Overseas did not have earnings to cover the interest expense.

* 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.

Vasa Retail & Overseas (NSE:VASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vasa Retail & Overseas Ltd (NSE:VASA) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Bhulabhai Desai Road, 23, 5th Floor, Plot 76, Cumballa Hill, Mumbai, MH, IND, 400026
Website
https://www.vasagroup.in
Vasa Retail & Overseas Ltd is a company engaged in the manufacture and sale of stationeries and raw materials. The company primarily deals in artistic materials, hobby colors, scholastic colors, scholastic stationery, paper, office products, drawing instruments, writing instruments, office stationery, adhesives, notebooks, office supplies and writing instruments, books, pens, pencils, erasers, files, bags, and bottles. In addition, it is also involved in procuring bag fabric and supplying it to the other bag manufacturers.

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