Aashka Hospitals (BOM:543346) Interest Expense : ₹-29.1 Mil (TTM As of Mar. 2024)

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What is Aashka Hospitals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aashka Hospitals's interest expense for the six months ended in Mar. 2024 was ₹ -14.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-29.1 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. Aashka Hospitals's Operating Income for the six months ended in Mar. 2024 was ₹ 21.8 Mil. Aashka Hospitals's Interest Expense for the six months ended in Mar. 2024 was ₹ -14.5 Mil. Aashka Hospitals's Interest Coverage for the quarter that ended in Mar. 2024 was 1.50. 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.

Aashka Hospitals Interest Expense Historical Data

The historical data trend for Aashka Hospitals'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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Aashka Hospitals Interest Expense Chart

Aashka Hospitals Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-47.79

-31.95

-26.54

-29.99

-29.12

Aashka Hospitals Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial				-12.26	-	-31.74	-14.59	-14.53

Aashka Hospitals 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-29.1 Mil.

Aashka Hospitals (BOM:543346) 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.

Aashka Hospitals's Interest Expense for the six months ended in Mar. 2024 was ₹-14.5 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹21.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹82.7 Mil.

Aashka Hospitals'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	*	21.8	/	-14.528
	=	1.50

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

Aashka Hospitals (BOM:543346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aashka Hospitals Ltd (BOM:543346) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar, GJ, IND, 382421

Website

https://aashkahospitals.in

Aashka Hospital Ltd is an integrated healthcare service provider that offers the quality of healthcare facilities including prevention, treatment, and rehabilitation. It serves a range of healthcare services such as Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more. The group also includes the operation of Multi-Disciplinary Private Hospital, Clinics, and Pharmacies.

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