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Kiran Vyapar (BOM:537750) Interest Expense : ₹-26.8 Mil (TTM As of Mar. 2024)


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What is Kiran Vyapar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kiran Vyapar's interest expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-26.8 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. Kiran Vyapar's Operating Income for the three months ended in Mar. 2024 was ₹ 103.3 Mil. Kiran Vyapar's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. GuruFocus does not calculate Kiran Vyapar's interest coverage with the available data. 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.


Kiran Vyapar Interest Expense Historical Data

The historical data trend for Kiran Vyapar'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.

Kiran Vyapar Interest Expense Chart

Kiran Vyapar 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 -39.02 -30.25 -49.04 -62.28 -98.77

Kiran Vyapar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - -26.80 - -

Kiran Vyapar 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 ₹-26.8 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.


Kiran Vyapar  (BOM:537750) 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.

Kiran Vyapar's Interest Expense for the three months ended in Mar. 2024 was ₹0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹103.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹926.2 Mil.

Kiran Vyapar's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Kiran Vyapar's interest coverage with the available data.

* 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.


Kiran Vyapar (BOM:537750) Business Description

Traded in Other Exchanges
N/A
Address
ATHIVA, Plot No. C2, Sector - III, HUDA Techno Enclave, Madhapur, Hyderabad, TG, IND, 500 081
Kiran Vyapar Ltd is a non-banking financial company mainly engaged in the business of providing Loans and making an investment in shares and securities. It carries the business of investments, trading and dealing in shares and securities, mutual funds, financing, and carrying on business in accordance with the regulatory framework. The company's operating segment include Investments and Trading. It generates maximum revenue from the Investments segment which involves buying and selling various kinds of securities and providing loans. The group operates in India.

Kiran Vyapar (BOM:537750) Headlines

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