Sagar Cements (BOM:502090) Interest Expense : ₹-1,512 Mil (TTM As of Mar. 2024)

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What is Sagar Cements Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sagar Cements's interest expense for the three months ended in Mar. 2024 was ₹ -119 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,512 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. Sagar Cements's Operating Income for the three months ended in Mar. 2024 was ₹ 112 Mil. Sagar Cements's Interest Expense for the three months ended in Mar. 2024 was ₹ -119 Mil. Sagar Cements's Interest Coverage for the quarter that ended in Mar. 2024 was 0.94. 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.

Sagar Cements Interest Expense Historical Data

The historical data trend for Sagar Cements'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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Sagar Cements Interest Expense Chart

Sagar Cements Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-528.10

-395.30

-699.50

-1,478.90

-1,512.00

Sagar Cements 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															18.40	-436.70	-468.10	-488.60	-118.60

Sagar Cements 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 ₹-1,512 Mil.

Sagar Cements (BOM:502090) 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.

Sagar Cements's Interest Expense for the three months ended in Mar. 2024 was ₹-119 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹112 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹10,936 Mil.

Sagar Cements'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	*	111.5	/	-118.6
	=	0.94

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

Sagar Cements (BOM:502090) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sagar Cements Ltd (BOM:502090) » Definitions » Interest Expense

Traded in Other Exchanges

SAGCEM:India

Address

Road No. 10, Plot No. 111, Jubilee Hills, Hyderabad, TG, IND, 500 033

Website

https://www.sagarcements.in

Sagar Cements Ltd is a manufacturer and supplier of cement and cement-related products in India. It manufactures varieties of cement such as Ordinary Portland Cement, Portland Pozzolana Cement (PPC), and Portland Slag Cement and among others. Its business segment includes Cement Manufacturing and Power Generation. The firm generates a majority of its revenue from the cement manufacturing segment.

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