Asian Star Co (BOM:531847) Interest Expense : ₹-376 Mil (TTM As of Mar. 2024)

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What is Asian Star Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asian Star Co's interest expense for the three months ended in Mar. 2024 was ₹ -199 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-376 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. Asian Star Co's Operating Income for the three months ended in Mar. 2024 was ₹ 253 Mil. Asian Star Co's Interest Expense for the three months ended in Mar. 2024 was ₹ -199 Mil. Asian Star Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.27. 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.

Asian Star Co Interest Expense Historical Data

The historical data trend for Asian Star Co'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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Asian Star Co Interest Expense Chart

Asian Star Co Annual Data

Trend

Mar15

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Mar24

Interest Expense

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-168.53

-15.30

-52.74

-302.40

-376.11

Asian Star Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-163.27	-51.11	-61.83	-64.28	-198.89

Asian Star Co 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 ₹-376 Mil.

Asian Star Co (BOM:531847) 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.

Asian Star Co's Interest Expense for the three months ended in Mar. 2024 was ₹-199 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹253 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹534 Mil.

Asian Star Co'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	*	252.862	/	-198.893
	=	1.27

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

Asian Star Co (BOM:531847) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asian Star Co Ltd (BOM:531847) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

114 - C, Mittal Court, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.asianstargroup.com

Asian Star Co Ltd operates in the jewelry business. Their key product line includes Loose Polished, Diamond Jewellery, Diamond Jewellery Retailing, and Power. Geographically The company operates across the USA, Europe, Asia, and South-East Asia. The Company operates in two business segments namely Diamonds and Jewellery. It generates the maximum amount of revenue from the sales of Polished Diamonds. Their mode of sales is an offline channel and the company caters maximum to HNI customers.

Asian Star Co (BOM:531847) Headlines

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