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Asarfi Hospital (BOM:543943) Interest Expense : ₹-16.4 Mil (TTM As of Sep. 2023)


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What is Asarfi Hospital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asarfi Hospital's interest expense for the six months ended in Sep. 2023 was ₹ -13.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-16.4 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. Asarfi Hospital's Operating Income for the six months ended in Sep. 2023 was ₹ 37.0 Mil. Asarfi Hospital's Interest Expense for the six months ended in Sep. 2023 was ₹ -13.3 Mil. Asarfi Hospital's Interest Coverage for the quarter that ended in Sep. 2023 was 2.79. 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.


Asarfi Hospital Interest Expense Historical Data

The historical data trend for Asarfi Hospital'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.

Asarfi Hospital Interest Expense Chart

Asarfi Hospital Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-4.71 -2.31 -8.67

Asarfi Hospital Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Interest Expense - - -5.58 -3.09 -13.29

Asarfi Hospital 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-16.4 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.


Asarfi Hospital  (BOM:543943) 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.

Asarfi Hospital's Interest Expense for the six months ended in Sep. 2023 was ₹-13.3 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹37.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹215.2 Mil.

Asarfi Hospital's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*37.018/-13.288
=2.79

* 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.


Asarfi Hospital (BOM:543943) Business Description

Traded in Other Exchanges
N/A
Address
Bishunpur Polytechnic, Baramuri, 4th floor, Dhanbad, JH, IND, 828130
Asarfi Hospital Ltd provides healthcare facilities to the people of Jharkhand. It is a is a 250 bedded multi-specialty hospital offering healthcare facilities. The company is committed towards delivering valued healthcare services to patients that include prevention, treatment, and proper rehabilitation.

Asarfi Hospital (BOM:543943) Headlines

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