GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » KJMC Corporate Advisors (India) Ltd (BOM:532304) » Definitions » Interest Expense

KJMCorate Advisors (India) (BOM:532304) Interest Expense : ₹-2.13 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is KJMCorate Advisors (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KJMCorate Advisors (India)'s interest expense for the three months ended in Mar. 2024 was ₹ -0.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2.13 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. KJMCorate Advisors (India)'s Operating Income for the three months ended in Mar. 2024 was ₹ 2.14 Mil. KJMCorate Advisors (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹ -0.61 Mil. KJMCorate Advisors (India)'s Interest Coverage for the quarter that ended in Mar. 2024 was 3.50. 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.

KJMCorate Advisors (India) Interest Expense Historical Data

The historical data trend for KJMCorate Advisors (India)'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.

KJMCorate Advisors (India) Interest Expense Chart

KJMCorate Advisors (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.84 -0.87 -2.28 -1.63 -2.13

KJMCorate Advisors (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.55 -0.47 -0.45 -0.60 -0.61

KJMCorate Advisors (India) 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 ₹-2.13 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.

KJMCorate Advisors (India)  (BOM:532304) 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.

KJMCorate Advisors (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹-0.61 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹6.53 Mil.

KJMCorate Advisors (India)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*2.141/-0.611
=3.50

* 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.

KJMCorate Advisors (India) (BOM:532304) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » KJMC Corporate Advisors (India) Ltd (BOM:532304) » Definitions » Interest Expense
Comparable Companies
BOM:530829 BOM:531199 BOM:539662 BOM:511016 BOM:507946 BOM:535730 BOM:512489 BOM:536737 BOM:530289 BOM:539149 MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908
Traded in Other Exchanges
N/A
Address
162, Atlanta, 16th Floor, Nariman Point, Mumbai, MH, IND, 400021
Website
https://www.kjmcfinserv.com
KJMC Corporate Advisors (India) Ltd provides merchant banking services. The company is in the business of providing Corporate Advisory, Financial Advisory, Equity Valuation, and Investment Banking services It offers various services to the corporate sector which include merchant banking, mergers, and acquisition advisory services, syndication of funds, syndication of debt, and channel financing. The company operates with a single business segment of merchant banking operations in India. The company's revenue is generated from the Sale of Services, Brokerage and Depository Income, sale of Shares / Mutual Funds, Fair Value Changes, and Interest Income; the majority being from Brokerage and depository Income.

KJMCorate Advisors (India) (BOM:532304) Headlines

No Headlines