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S.M. Gold (BOM:542034) Interest Expense : ₹-7.9 Mil (TTM As of Dec. 2023)


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What is S.M. Gold Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. S.M. Gold's interest expense for the three months ended in Dec. 2023 was ₹ -2.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-7.9 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. S.M. Gold's Operating Income for the three months ended in Dec. 2023 was ₹ -9.3 Mil. S.M. Gold's Interest Expense for the three months ended in Dec. 2023 was ₹ -2.3 Mil. S.M. Gold 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.


S.M. Gold Interest Expense Historical Data

The historical data trend for S.M. Gold'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.

S.M. Gold Interest Expense Chart

S.M. Gold Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.38 -2.46 -3.94 -3.48 -4.03

S.M. Gold Quarterly Data
Mar18 Jun18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.81 -2.91 -1.45 -1.31 -2.26

S.M. Gold 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 ₹-7.9 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.


S.M. Gold  (BOM:542034) 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.

S.M. Gold's Interest Expense for the three months ended in Dec. 2023 was ₹-2.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-9.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

S.M. Gold's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

S.M. Gold did not have earnings to cover the interest expense.

* 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.


S.M. Gold (BOM:542034) Business Description

Traded in Other Exchanges
N/A
Address
Shop No. 1 to 3, 2nd Floor 24 Caret Building, Opp. Rock Regency Hotel, Law Garden, C G Road, Ahmedabad, GJ, IND, 380009
S.M. Gold Ltd is involved in the business of manufacturing and wholesale trading of mangalsutra jewellery. Besides mangalsutra jewellery, a minor part of the company's business also includes other jewellery's like Rings, Chain, Earrings, Ear Chain, Nose-rings/Nose pins, waist belts, Anklet, Zuda, Toe Ring, Pendant Set/Pendant, Bracelet and Bangles, wedding Jewellery, and festive Jewellery. The products are sold under the brand name of S. M. Gold - the House of Mangalsutra. Geographically, all the activities are carried out throughout the region of India.

S.M. Gold (BOM:542034) Headlines

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