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Classic Global Finance & Capital (BOM:538433) Interest Expense : ₹0.00 Mil (TTM As of Dec. 2022)


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What is Classic Global Finance & Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Classic Global Finance & Capital's interest expense for the three months ended in Dec. 2022 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 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. Classic Global Finance & Capital's Operating Income for the three months ended in Dec. 2022 was ₹ 0.10 Mil. Classic Global Finance & Capital's Interest Expense for the three months ended in Dec. 2022 was ₹ 0.00 Mil. Classic Global Finance & 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.


Classic Global Finance & Capital Interest Expense Historical Data

The historical data trend for Classic Global Finance & 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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Classic Global Finance & Capital Interest Expense Chart

Classic Global Finance & Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
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Classic Global Finance & Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Classic Global Finance & 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.00 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.


Classic Global Finance & Capital  (BOM:538433) 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.

Classic Global Finance & Capital's Interest Expense for the three months ended in Dec. 2022 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2022 was ₹0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was ₹0.00 Mil.

Classic Global Finance & Capital's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Classic Global Finance & Capital had no long-term debt (1).

* 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.


Classic Global Finance & Capital (BOM:538433) Business Description

Traded in Other Exchanges
N/A
Address
Office Number 8, Sodhi Complex, IInd Floor, Miller Ganj, Opposite Ramgarhia School, Ludhiana, IND, 141003
Classic Global Finance & Capital Ltd operates as a broking company in India. It offers loans for the purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for the purchase of commercial property, and lease rental discounting services. The company also provides investment services to purchase, acquire, subscribe, hold, and dispose of or otherwise invest/deal in shares, debenture stocks, bonds, obligations and securities, units, and other instruments. In addition, it acts as an agent/sub-agent of various agencies, mutual funds, and institutions for the mobilization of funds, deposits, and loans or other securities/units.

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