Computer Point (BOM:507833) Interest Expense : ₹0.00 Mil (TTM As of Dec. 2023)

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What is Computer Point Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Computer Point's interest expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹0.00 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. Computer Point's Operating Income for the three months ended in Dec. 2023 was ₹ -1.26 Mil. Computer Point's Interest Expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Computer Point 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.

Computer Point Interest Expense Historical Data

The historical data trend for Computer Point'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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Computer Point Interest Expense Chart

Computer Point Annual Data

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Interest Expense

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-0.06

-0.02

-0.01

Computer Point Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Computer Point 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 ₹0.00 Mil.

Computer Point (BOM:507833) 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.

Computer Point's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-1.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

Computer Point's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Computer Point had no long-term debt ⁽¹⁾.

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. Computer Point Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Computer Point (BOM:507833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Computer Point Ltd (BOM:507833) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

1/1B, Upper Wood Street, Kolkata, WB, IND, 700 017

Website

https://www.computerpointltd.co.in

Computer Point Ltd is an Indian company engaged in the business of providing software training services. The Company is engaged in the business of promoting skill-based knowledge in the field of computer education among youth and has its center in Orissa.

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