GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stanrose Mafatlal Investment and Finance Ltd (BOM:506105) » Definitions » Interest Expense

Stanrose Mafatlal Investment and Finance (BOM:506105) Interest Expense : ₹-0.18 Mil (TTM As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Stanrose Mafatlal Investment and Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stanrose Mafatlal Investment and Finance's interest expense for the three months ended in Dec. 2023 was ₹ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-0.18 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. Stanrose Mafatlal Investment and Finance's Operating Income for the three months ended in Dec. 2023 was ₹ -8.41 Mil. Stanrose Mafatlal Investment and Finance's Interest Expense for the three months ended in Dec. 2023 was ₹ -0.11 Mil. Stanrose Mafatlal Investment and Finance 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.

Stanrose Mafatlal Investment and Finance Interest Expense Historical Data

The historical data trend for Stanrose Mafatlal Investment and Finance'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.

Stanrose Mafatlal Investment and Finance Interest Expense Chart

Stanrose Mafatlal Investment and Finance 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 - - -0.24 -0.30 -0.15

Stanrose Mafatlal Investment and Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.03 -0.02 -0.01 -0.04 -0.11

Stanrose Mafatlal Investment and Finance 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.18 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.

Stanrose Mafatlal Investment and Finance  (BOM:506105) 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.

Stanrose Mafatlal Investment and Finance's Interest Expense for the three months ended in Dec. 2023 was ₹-0.11 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-8.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

Stanrose Mafatlal Investment and Finance's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Stanrose Mafatlal Investment and Finance 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.

Stanrose Mafatlal Investment and Finance (BOM:506105) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stanrose Mafatlal Investment and Finance Ltd (BOM:506105) » Definitions » Interest Expense
Comparable Companies
BOM:531505 BOM:538180 BOM:526237 NSE:LFIC BOM:512591 BOM:509945 BOM:531340 BOM:502250 BOM:503669 BOM:511169 BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
57-A, Dr. G. Deshmukh Marg, Vijyalaxmi Mafatlal Centre, Mumbai, MH, IND, 400 026
Website
https://www.stanrosefinvest.com
Stanrose Mafatlal Investment and Finance Ltd is a non-banking financial company. The Company's operations continue to be mainly focused in the areas of Inter-corporate Investments, Capital Market activities, and Financing. Accordingly, there are no separate reportable segments. The company derives revenue from dividends and interest income.

Stanrose Mafatlal Investment and Finance (BOM:506105) Headlines

No Headlines