Vivid Mercantile (BOM:542046) Interest Expense : ₹-0.00 Mil (TTM As of Dec. 2023)

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What is Vivid Mercantile Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vivid Mercantile's interest expense for the three months ended in Dec. 2023 was ₹ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Vivid Mercantile's Operating Income for the three months ended in Dec. 2023 was ₹ -54.25 Mil. Vivid Mercantile's Interest Expense for the three months ended in Dec. 2023 was ₹ -0.00 Mil. Vivid Mercantile did not have earnings to cover the interest expense. 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.

Vivid Mercantile Interest Expense Historical Data

The historical data trend for Vivid Mercantile'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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Vivid Mercantile Interest Expense Chart

Vivid Mercantile Annual Data

Trend

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Interest Expense

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-0.01

Vivid Mercantile Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Vivid Mercantile 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.00 Mil.

Vivid Mercantile (BOM:542046) 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.

Vivid Mercantile's Interest Expense for the three months ended in Dec. 2023 was ₹-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-54.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

Vivid Mercantile's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Vivid Mercantile did not have earnings to cover the interest expense.

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

Vivid Mercantile (BOM:542046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vivid Mercantile Ltd (BOM:542046) » Definitions » Interest Expense

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Address

Basement Medicare Centre, Behind M. J. Library, Opposite Stock Exchange, Ellisbridge, Ahmedabad, GJ, IND, 380006

Website

http://www.vividmercantile.com

Vivid Mercantile Ltd is engaged in the business of printing, trading of general merchandise, and real estate. The company offers multi-color offset printing services, single color offset printing services, commercial printing services for calendars, catalogs, brochures, posters, and annual reports manuals.

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