Indo Credit Capital (BOM:526887) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)

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What is Indo Credit Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indo Credit Capital's interest expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Indo Credit Capital's Operating Income for the three months ended in Mar. 2024 was ₹ -0.92 Mil. Indo Credit Capital's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Indo Credit Capital 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.

Indo Credit Capital Interest Expense Historical Data

The historical data trend for Indo Credit Capital'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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Indo Credit Capital Interest Expense Chart

Indo Credit Capital Annual Data

Trend

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Interest Expense

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Indo Credit Capital Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Indo Credit Capital 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.00 Mil.

Indo Credit Capital (BOM:526887) 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.

Indo Credit Capital's Interest Expense for the three months ended in Mar. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-0.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

Indo Credit Capital's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Indo Credit Capital had no long-term debt ⁽¹⁾.

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

Good Sign:

Indo Credit Capital Ltd has no debt.

Indo Credit Capital (BOM:526887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indo Credit Capital Ltd (BOM:526887) » Definitions » Interest Expense

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Address

Ashram Road, 304, Kaling, Near Mount Carmel School, Behind Bata Show Room, Ahmedabad, GJ, IND, 380 009

Website

https://www.indocreditcapital.com

Indo Credit Capital Ltd is an India-based non-banking financial company engaged in the business of finance and investments. It acts as a merchant banker, advisor, manager, registrar, share transfer agent, project appraiser, underwriter, portfolio manager, broker, and as agent of saving schemes. It also assists in financing a variety of lease operations, hire purchases, and investment companies as well as deals in shares, securities, bonds, and debentures. Geographically, it operates in India.

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