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Sadbhav Engineering (NSE:SADBHAV) Interest Expense : ₹-5,605 Mil (TTM As of Mar. 2024)


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What is Sadbhav Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sadbhav Engineering's interest expense for the three months ended in Mar. 2024 was ₹ -1,263 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5,605 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. Sadbhav Engineering's Operating Income for the three months ended in Mar. 2024 was ₹ -2,655 Mil. Sadbhav Engineering's Interest Expense for the three months ended in Mar. 2024 was ₹ -1,263 Mil. Sadbhav Engineering 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.


Sadbhav Engineering Interest Expense Historical Data

The historical data trend for Sadbhav Engineering'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.

Sadbhav Engineering Interest Expense Chart

Sadbhav Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13,717.05 -9,626.52 -9,662.06 -6,610.64 -5,604.60

Sadbhav Engineering 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 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 785.70 -1,427.76 -1,512.81 -1,400.79 -1,263.25

Sadbhav Engineering 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 ₹-5,605 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.


Sadbhav Engineering  (NSE:SADBHAV) 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.

Sadbhav Engineering's Interest Expense for the three months ended in Mar. 2024 was ₹-1,263 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-2,655 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹9,560 Mil.

Sadbhav Engineering's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Sadbhav Engineering 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.


Sadbhav Engineering (NSE:SADBHAV) Business Description

Traded in Other Exchanges
Address
Sadbhav, Near Havmor Restaurant, Behind Navrangpura Bus Stand, Navrangpura, Ahmedabad, GJ, IND, 380009
Sadbhav Engineering Ltd is a construction and engineering company. The company develops infrastructure facilities in fields of canals, irrigation projects, road, bridges, mining projects, dams, and so on. On the other hand, the company also designs, engineers, and acts as a structural contractor and earthwork contractor for repair, reconstruction, renovation, demolition, and construction work in canals, irrigation projects, roads, and so on. Sadbhav Engineering also provides engineering, procurement, and construction services to construction works. Sadbhav Engineering operates within the Indian domestic market.

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