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Ashirwad Capital (BOM:512247) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)


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What is Ashirwad Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ashirwad Capital's interest expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Ashirwad Capital's Operating Income for the three months ended in Mar. 2024 was ₹ 3.58 Mil. Ashirwad Capital's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Ashirwad Capital 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.


Ashirwad Capital Interest Expense Historical Data

The historical data trend for Ashirwad 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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Ashirwad Capital Interest Expense Chart

Ashirwad Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
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Ashirwad Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Ashirwad 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.00 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.


Ashirwad Capital  (BOM:512247) 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.

Ashirwad Capital's Interest Expense for the three months ended in Mar. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹3.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

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

Ashirwad Capital 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:

Ashirwad Capital Ltd has no debt.


Ashirwad Capital (BOM:512247) Business Description

Traded in Other Exchanges
N/A
Address
J. R. Boricha Marg, Opposite Kasturba Hospital, 303, Tantia Jogani Industrial Estate, Lower Parel, Mumbai, MH, IND, 400011
Ashirwad Capital Ltd is a non-banking finance company engaged in the business of investments. The company is involved in the trading and investment of shares and securities and focuses on long-term investments in blue-chip scripts, with a view to well-timed entry and exit. The Company is engaged interalia, in the business of Carvings of Precious and semi-precious stones, paintings, and jewelry.

Ashirwad Capital (BOM:512247) Headlines

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