GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Navoday Enterprises Ltd (BOM:543305) » Definitions » Interest Expense

Navoday Enterprises (BOM:543305) Interest Expense : ₹0.0 Mil (TTM As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Navoday Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Navoday Enterprises's interest expense for the six months ended in Sep. 2023 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹0.0 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. Navoday Enterprises's Operating Income for the six months ended in Sep. 2023 was ₹ 3.7 Mil. Navoday Enterprises's Interest Expense for the six months ended in Sep. 2023 was ₹ 0.0 Mil. Navoday Enterprises 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.


Navoday Enterprises Interest Expense Historical Data

The historical data trend for Navoday Enterprises'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.

Navoday Enterprises Interest Expense Chart

Navoday Enterprises Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial - - - - -

Navoday Enterprises Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Navoday Enterprises 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.0 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.


Navoday Enterprises  (BOM:543305) 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.

Navoday Enterprises's Interest Expense for the six months ended in Sep. 2023 was ₹0.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹3.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.0 Mil.

Navoday Enterprises's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Navoday Enterprises 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.

Good Sign:

Navoday Enterprises Ltd has no debt.


Navoday Enterprises (BOM:543305) Business Description

Traded in Other Exchanges
N/A
Address
New Link Road, B-713, 7th Floor, Crystal Plaza, Opposite Infinity Mall, Andheri (West), Mumbai, MH, IND, 400 053
Navoday Enterprises Ltd operates in three business verticals namely Marketing support and Advertising, Management and Financial Consultancy services, and Component Supply and support services to manufacturers of packaging and allied machines.

Navoday Enterprises (BOM:543305) Headlines

No Headlines