ADS Diagnostics (BOM:523031) Interest Expense : ₹-5.0 Mil (TTM As of Mar. 2024)

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What is ADS Diagnostics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ADS Diagnostics's interest expense for the three months ended in Mar. 2024 was ₹ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5.0 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. ADS Diagnostics's Operating Income for the three months ended in Mar. 2024 was ₹ 6.5 Mil. ADS Diagnostics's Interest Expense for the three months ended in Mar. 2024 was ₹ -1.6 Mil. ADS Diagnostics's Interest Coverage for the quarter that ended in Mar. 2024 was 4.19. 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.

ADS Diagnostics Interest Expense Historical Data

The historical data trend for ADS Diagnostics'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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ADS Diagnostics Interest Expense Chart

ADS Diagnostics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-4.15

-4.76

-4.24

-4.39

-5.71

ADS Diagnostics 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															-0.56	-1.37	-1.85	-1.60	-1.56

ADS Diagnostics 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 ₹-5.0 Mil.

ADS Diagnostics (BOM:523031) 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.

ADS Diagnostics's Interest Expense for the three months ended in Mar. 2024 was ₹-1.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹6.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2.7 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	6.511	/	-1.555
	=	4.19

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

ADS Diagnostics (BOM:523031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ADS Diagnostics Ltd (BOM:523031) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

114, Sant Nagar, East of Kailash, New Delhi, IND, 110065

Website

https://www.adsdiagnosticlimited.com

ADS Diagnostics Ltd is an India based company engaged in the sale of medical equipment. It is focused on the business activity of the sale of trading goods, servicing and installation of medical equipment, lease rental, and distribution. The company generates key revenue from the sale of trading goods. It sells its products and services in India and internationally.

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