Shantidoot Infra Services (BOM:543598) Interest Expense : ₹-0.3 Mil (TTM As of Mar. 2024)

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What is Shantidoot Infra Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shantidoot Infra Services's interest expense for the six months ended in Mar. 2024 was ₹ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.3 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. Shantidoot Infra Services's Operating Income for the six months ended in Mar. 2024 was ₹ 11.5 Mil. Shantidoot Infra Services's Interest Expense for the six months ended in Mar. 2024 was ₹ -0.2 Mil. Shantidoot Infra Services's Interest Coverage for the quarter that ended in Mar. 2024 was 69.70. 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.

Shantidoot Infra Services Interest Expense Historical Data

The historical data trend for Shantidoot Infra Services'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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Shantidoot Infra Services Interest Expense Chart

Shantidoot Infra Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.01

-0.46

-0.31

-0.30

Shantidoot Infra Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-	-0.31	-0.14	-0.17

Shantidoot Infra Services 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-0.3 Mil.

Shantidoot Infra Services (BOM:543598) 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.

Shantidoot Infra Services's Interest Expense for the six months ended in Mar. 2024 was ₹-0.2 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹11.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹1.0 Mil.

Shantidoot Infra Services'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	*	11.501	/	-0.165
	=	69.70

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shantidoot Infra Services Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Shantidoot Infra Services (BOM:543598) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shantidoot Infra Services Ltd (BOM:543598) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Patliputra Colony, House No. 221, 2nd floor, Patna, BR, IND, 800013

Website

https://www.shantidootinfra.com

Shantidoot Infra Services Ltd is a specialized provider of construction services to the education, healthcare and hospitality sectors. Apart from undertaking new projects the company also carry out projects of re-designing, re-modeling and renovating institutions as per the need of clients. It categorize projects mainly into two segments namely Government sector and Private sector. It is also focused primarily on construction and development of residential and commercial projects, in and around Bihar. The company secure private sector contracts, in general, through one-to-one negotiation and Government contracts through bids as per the public notice issued by government departments.

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