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Sudarshan Chemical Industries (BOM:506655) Interest Expense : ₹-317 Mil (TTM As of Jun. 2024)


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What is Sudarshan Chemical Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sudarshan Chemical Industries's interest expense for the three months ended in Jun. 2024 was ₹ -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-317 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. Sudarshan Chemical Industries's Operating Income for the three months ended in Jun. 2024 was ₹ 457 Mil. Sudarshan Chemical Industries's Interest Expense for the three months ended in Jun. 2024 was ₹ -70 Mil. Sudarshan Chemical Industries's Interest Coverage for the quarter that ended in Jun. 2024 was 6.50. 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.

Sudarshan Chemical Industries Interest Expense Historical Data

The historical data trend for Sudarshan Chemical 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.

Sudarshan Chemical Industries Interest Expense Chart

Sudarshan Chemical Industries 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 -128.23 -165.07 -174.34 -398.74 -350.13

Sudarshan Chemical Industries 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 -103.05 -96.32 -85.82 -64.94 -70.33

Sudarshan Chemical 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-317 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.

Sudarshan Chemical Industries  (BOM:506655) 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.

Sudarshan Chemical Industries's Interest Expense for the three months ended in Jun. 2024 was ₹-70 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹457 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

Sudarshan Chemical Industries'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*456.98/-70.33
=6.50

* 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.

Sudarshan Chemical Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sudarshan Chemical Industries Ltd (BOM:506655) » Definitions » Interest Expense
Comparable Companies
BOM:500655 BOM:533333 BOM:524051 NSE:ADVENZYMES BOM:506480 BOM:543321 BOM:538567 BOM:500730 BOM:524019 BOM:500227 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
SUDARSCHEM:India
Address
Near PAN Card Club Road, 7th Floor, Eleven West Panchshil, Survey No. 25, Baner, Pune, MH, IND, 411 045
Website
https://www.sudarshan.com
Sudarshan Chemical Industries Ltd manufactures color and effect pigments. The company's pigment portfolio includes Organic and Inorganic Pigments, Effect Pigments, Agrochemicals, and other products. It manufactures Azos, Blue and Green, High-Performance Pigments, Effects, Pigment Preparations and Inorganics pigments for various applications including coating, inks, plastics, cosmetics, fashion accessories, and automobiles. Its segments include Pigments and Others. The company generates maximum revenue from the Pigments segment. Geographically, it derives key revenue from India.

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