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Visagar Financial Services (BOM:531025) Interest Expense : ₹-3.9 Mil (TTM As of Dec. 2023)


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What is Visagar Financial Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Visagar Financial Services's interest expense for the three months ended in Dec. 2023 was ₹ -2.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-3.9 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. Visagar Financial Services's Operating Income for the three months ended in Dec. 2023 was ₹ -4.9 Mil. Visagar Financial Services's Interest Expense for the three months ended in Dec. 2023 was ₹ -2.5 Mil. Visagar Financial Services 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.


Visagar Financial Services Interest Expense Historical Data

The historical data trend for Visagar Financial Services'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.

Visagar Financial Services Interest Expense Chart

Visagar Financial Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 - -0.01 -1.40

Visagar Financial Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -1.40 - - -2.50

Visagar Financial Services 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 ₹-3.9 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.


Visagar Financial Services  (BOM:531025) 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.

Visagar Financial Services's Interest Expense for the three months ended in Dec. 2023 was ₹-2.5 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-4.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

Visagar Financial Services's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Visagar Financial Services did not have earnings to cover the interest expense.

* 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.


Visagar Financial Services (BOM:531025) Business Description

Traded in Other Exchanges
N/A
Address
907-908, S.V. Road, 9th Floor, Dev Plaza, Opposite Andheri Fire Station, Andheri (West), Mumbai, MH, IND, 400 058
Visagar Financial Services Ltd is a non-banking financial company. The company is primarily engaged in the business of investing in securities of listed and unlisted companies. It invests in various sectors such as Financial Services, Education, Real Estate, among others. Geographically, it operates only in India. The company generates maximum revenue from the sale of shares.

Visagar Financial Services (BOM:531025) Headlines

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