GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Servoteach Industries Ltd (BOM:531944) » Definitions » Interest Expense

Servoteach Industries (BOM:531944) Interest Expense : ₹-0.01 Mil (TTM As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Servoteach Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Servoteach Industries's interest expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-0.01 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. Servoteach Industries's Operating Income for the three months ended in Dec. 2023 was ₹ -0.35 Mil. Servoteach Industries's Interest Expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Servoteach Industries has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Servoteach Industries Interest Expense Historical Data

The historical data trend for Servoteach Industries'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.

Servoteach Industries Interest Expense Chart

Servoteach Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.15 - - -0.01

Servoteach Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - -0.01 - -

Servoteach Industries 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 ₹-0.01 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.


Servoteach Industries  (BOM:531944) 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.

Servoteach Industries's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

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

Servoteach Industries had no long-term debt (1).

* 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.


Servoteach Industries (BOM:531944) Business Description

Traded in Other Exchanges
N/A
Address
Carter Road No. 3, 502, Triveni Krupa Apartment, Opposite Ambaji Mata Temple, Borivali (East), Mumbai, MH, IND, 400066
Servoteach Industries Ltd is engaged in the trading and supply of turnkey projects of Solvent Extraction plants, Castor Oil Plants, Edible Oil plants, Oil Refinery Plants, Vanaspati Plants, Dairy and Food Processing Plants, Chemical/Petrochemical, Pharmaceutical Plants, etc. Distilleries and all types of equipment, Accessories, Spare parts, and components.

Servoteach Industries (BOM:531944) Headlines

No Headlines