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Citizen Investment Trust (XNEP:CIT) Interest Expense : NPR0.0 Mil (TTM As of Oct. 2024)


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What is Citizen Investment Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Citizen Investment Trust's interest expense for the three months ended in Oct. 2024 was NPR 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was NPR0.0 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. Citizen Investment Trust's Operating Income for the three months ended in Oct. 2024 was NPR 401.3 Mil. Citizen Investment Trust's Interest Expense for the three months ended in Oct. 2024 was NPR 0.0 Mil. Citizen Investment Trust has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Citizen Investment Trust Interest Expense Historical Data

The historical data trend for Citizen Investment Trust'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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Citizen Investment Trust Interest Expense Chart

Citizen Investment Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial -0.02 - - -0.85 -0.26

Citizen Investment Trust Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Oct24
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 - - - - -

Citizen Investment Trust 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR0.0 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.


Citizen Investment Trust  (XNEP:CIT) 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.

Citizen Investment Trust's Interest Expense for the three months ended in Oct. 2024 was NPR0.0 Mil. Its Operating Income for the three months ended in Oct. 2024 was NPR401.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was NPR0.0 Mil.

Citizen Investment Trust's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Citizen Investment Trust had no long-term debt (1).

* 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. Citizen Investment Trust has enough cash to cover all of its debt. Its financial situation is stable.


Citizen Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
New Baneshwor, P.O.Box 5823, Kathmandu, NPL
Citizen Investment Trust is an investment trust. It operates and manages various types of retirement schemes / programs, unit schemes and mutual fund program for both domestic and foreign investors.

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