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Niyogin Fintech (BOM:538772) Interest Expense : ₹0 Mil (TTM As of Mar. 2024)


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What is Niyogin Fintech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Niyogin Fintech's interest expense for the three months ended in Mar. 2024 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0 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. Niyogin Fintech's Operating Income for the three months ended in Mar. 2024 was ₹ -52 Mil. Niyogin Fintech's Interest Expense for the three months ended in Mar. 2024 was ₹ 0 Mil. GuruFocus does not calculate Niyogin Fintech'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.


Niyogin Fintech Interest Expense Historical Data

The historical data trend for Niyogin Fintech'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.

Niyogin Fintech Interest Expense Chart

Niyogin Fintech 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 -3.02 -2.39 -2.03 -7.58 -

Niyogin Fintech 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 - - - - -

Niyogin Fintech 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 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.


Niyogin Fintech  (BOM:538772) 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.

Niyogin Fintech's Interest Expense for the three months ended in Mar. 2024 was ₹0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹539 Mil.

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

GuruFocus does not calculate Niyogin Fintech'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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Niyogin Fintech Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Niyogin Fintech (BOM:538772) Business Description

Traded in Other Exchanges
N/A
Address
Kirol Road, 311/312, 3rd Floor, Neelkanth Corporate IT Park, Vidyavihar (West), Mumbai, MH, IND, 400086
Niyogin Fintech Ltd is an Indian non-banking finance company. It is engaged in providing lending facilities and credit services to small and medium business. Geographically, it operates only in India. The company generates its revenue in the form of interest income, processing fees, Bounce charges, and other finance charges.

Niyogin Fintech (BOM:538772) Headlines

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