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Sandur Manganese And Iron Ores (BOM:504918) Interest Expense : ₹-186 Mil (TTM As of Jun. 2024)


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What is Sandur Manganese And Iron Ores Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sandur Manganese And Iron Ores's interest expense for the three months ended in Jun. 2024 was ₹ -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-186 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. Sandur Manganese And Iron Ores's Operating Income for the three months ended in Jun. 2024 was ₹ 1,770 Mil. Sandur Manganese And Iron Ores's Interest Expense for the three months ended in Jun. 2024 was ₹ -42 Mil. Sandur Manganese And Iron Ores's Interest Coverage for the quarter that ended in Jun. 2024 was 41.84. 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.


Sandur Manganese And Iron Ores Interest Expense Historical Data

The historical data trend for Sandur Manganese And Iron Ores'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.

Sandur Manganese And Iron Ores Interest Expense Chart

Sandur Manganese And Iron Ores 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 -67.26 -130.63 -384.33 -278.50 -199.70

Sandur Manganese And Iron Ores Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -56.30 -50.70 -48.00 -44.70 -42.30

Sandur Manganese And Iron Ores 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-186 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.


Sandur Manganese And Iron Ores  (BOM:504918) 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.

Sandur Manganese And Iron Ores's Interest Expense for the three months ended in Jun. 2024 was ₹-42 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹1,770 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

Sandur Manganese And Iron Ores's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1769.8/-42.3
=41.84

* 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.


Sandur Manganese And Iron Ores Business Description

Traded in Other Exchanges
Address
No. 9, Bellary Road, Sandur House, Sadashivanagar, Bangalore, KA, IND, 560 080
Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ore. The company is also engaged in the manufacture of ferroalloys. Its operating segment includes Mining and Ferroalloys and, Coke and energy. The company generates maximum revenue from the Coke and Energy segment. Geographically, it derives all of its revenue from India.

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