Centrum Capital (BOM:501150) Interest Expense : ₹-6,396 Mil (TTM As of Dec. 2023)

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What is Centrum Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Centrum Capital's interest expense for the three months ended in Dec. 2023 was ₹ -2,681 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-6,396 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. Centrum Capital's Operating Income for the three months ended in Dec. 2023 was ₹ 1,938 Mil. Centrum Capital's Interest Expense for the three months ended in Dec. 2023 was ₹ -2,681 Mil. Centrum Capital's Interest Coverage for the quarter that ended in Dec. 2023 was 0.72. 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.

Centrum Capital Interest Expense Historical Data

The historical data trend for Centrum 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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Centrum Capital Interest Expense Chart

Centrum Capital Annual Data

Trend

Jun14

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-82.40

-110.17

-88.21

-527.24

-3,888.33

Centrum Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1,641.45	836.52	-2,125.40	-2,426.61	-2,680.75

Centrum 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-6,396 Mil.

Centrum Capital (BOM:501150) 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.

Centrum Capital's Interest Expense for the three months ended in Dec. 2023 was ₹-2,681 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹1,938 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1937.646	/	-2680.751
	=	0.72

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Centrum Capital Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Centrum Capital (BOM:501150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Centrum Capital Ltd (BOM:501150) » Definitions » Interest Expense

Traded in Other Exchanges

CENTRUM:India

Address

CST Road, Vidyanagari Marg, Level 9, Centrum House, Kalina, Santacruz (East), Mumbai, MH, IND, 400098

Website

https://www.centrum.co.in

Centrum Capital Ltd along with its subsidiaries provides investment banking services such as managing public issues, private placements, loan syndication, corporate debt restructuring, mergers and acquisitions, corporate advisory services, infrastructure solutions, private equity investments, and dealing in the primary and secondary markets of securities. Their business operates in various segments which are Banking business, Institutional business, Wealth management and distribution, Housing finance, and SME/Microcredit lending.

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