Shah Alloys (BOM:513436) Interest Expense : ₹-41 Mil (TTM As of Dec. 2023)

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What is Shah Alloys Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shah Alloys's interest expense for the three months ended in Dec. 2023 was ₹ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-41 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. Shah Alloys's Operating Income for the three months ended in Dec. 2023 was ₹ -111 Mil. Shah Alloys's Interest Expense for the three months ended in Dec. 2023 was ₹ -10 Mil. Shah Alloys did not have earnings to cover the interest expense. 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.

Shah Alloys Interest Expense Historical Data

The historical data trend for Shah Alloys'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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Shah Alloys Interest Expense Chart

Shah Alloys Annual Data

Trend

Mar14

Mar15

Mar16

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Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-1.01

-4.54

-16.26

-21.85

-25.86

Shah Alloys Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-5.20	-9.76	-10.50	-10.60	-10.40

Shah Alloys 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-41 Mil.

Shah Alloys (BOM:513436) 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.

Shah Alloys's Interest Expense for the three months ended in Dec. 2023 was ₹-10 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-111 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Shah Alloys's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Shah Alloys did not have earnings to cover the interest expense.

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

Shah Alloys (BOM:513436) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shah Alloys Ltd (BOM:513436) » Definitions » Interest Expense

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SHAHALLOYS:India

Address

Shah Alloys Corporate House, Sola-Kalol Road, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382 721

Website

http://www.shahalloys.com

Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in manufacturing of Stainless steel, Alloys and Special steel, Carbon/mild steel and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products which includes Bars, Beams, Flat, Plate and Coil, Slab and Billets.

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