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Aatmaj Healthcare (NSE:AATMAJ) Interest Expense : ₹ Mil (TTM As of Mar. 2022)


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What is Aatmaj Healthcare Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aatmaj Healthcare's interest expense for the six months ended in Mar. 2022 was ₹ -1.2 Mil. Aatmaj Healthcare does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2022.

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. Aatmaj Healthcare's Operating Income for the six months ended in Mar. 2022 was ₹ 70.9 Mil. Aatmaj Healthcare's Interest Expense for the six months ended in Mar. 2022 was ₹ -1.2 Mil. Aatmaj Healthcare's Interest Coverage for the quarter that ended in Mar. 2022 was 61.26. 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.


Aatmaj Healthcare Interest Expense Historical Data

The historical data trend for Aatmaj Healthcare'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.

Aatmaj Healthcare Interest Expense Chart

Aatmaj Healthcare Annual Data
Trend Mar20 Mar21 Mar22
Interest Expense
-4.94 -3.36 -1.16

Aatmaj Healthcare Semi-Annual Data
Mar20 Mar21 Mar22
Interest Expense -4.94 -3.36 -1.16

Aatmaj Healthcare Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Aatmaj Healthcare  (NSE:AATMAJ) 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.

Aatmaj Healthcare's Interest Expense for the six months ended in Mar. 2022 was ₹-1.2 Mil. Its Operating Income for the six months ended in Mar. 2022 was ₹70.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2022 was ₹7.2 Mil.

Aatmaj Healthcare's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*70.877/-1.157
=61.26

* 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.


Aatmaj Healthcare (NSE:AATMAJ) Business Description

Traded in Other Exchanges
N/A
Address
Sunpharma Ataladra Road, Jupiter Hospital, Opposite ICAI Bhavan, Vadodara, GJ, IND, 390012
Aatmaj Healthcare Ltd is a growing organization that aims at strengthening and establishing itself as the foremost healthcare services provider. The company strives to serve with its ultra-modern medicinal practices and infrastructure for medical as well as surgical care solutions. It aims towards continuous improvement of its healthcare facilities and to achieve the level of care and quality. It has a team of medical practitioners who ensures that patients get quality healthcare services.

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