Southern Magnesium & Chemicals (BOM:513498) Interest Expense: ₹-3.79 Mil (TTM As of Mar. 2026)

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BOM:513498 Southern Magnesium & Chemicals Ltd BOM:513498
71 GF Score
Price ₹74.15
GF Value ₹64.17
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Southern Magnesium & Chemicals Interest Expense?

Southern Magnesium & Chemicals BOM:513498 +0.20% 71 Interest Expense is ₹-3.79 Mil as of Mar. 2026. GuruFocus rates BOM:513498 with a GF Score™ of 71/100 and a GF Value™ of ₹64.17 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southern Magnesium & Chemicals's interest expense for the three months ended in Mar. 2026 was ₹ -0.93 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-3.79 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. Southern Magnesium & Chemicals's Operating Income for the three months ended in Mar. 2026 was ₹ -0.12 Mil. Southern Magnesium & Chemicals's Interest Expense for the three months ended in Mar. 2026 was ₹ -0.93 Mil. Southern Magnesium & Chemicals 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.


Southern Magnesium & Chemicals  (BOM:513498) 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.

Southern Magnesium & Chemicals's Interest Expense for the three months ended in Mar. 2026 was ₹-0.93 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹0.00 Mil.

Southern Magnesium & Chemicals's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Southern Magnesium & Chemicals 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.


Southern Magnesium & Chemicals Interest Expense Historical Data

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The historical data trend for Southern Magnesium & Chemicals'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.

Southern Magnesium & Chemicals Interest Expense Chart

Southern Magnesium & Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 -0.11 -0.99 -1.47 -3.80

Southern Magnesium & Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.80 -0.81 -1.00 -1.04 -0.93
BOM:513498
71GF Score
Southern Magnesium & Chemicals Ltd BOM:513498
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Magnesium & Chemicals 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-3.79 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-3.79 Mil mean?
Southern Magnesium & Chemicals (BOM:513498) has a Interest Expense of ₹-3.79 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Southern Magnesium & Chemicals and its competitors.
Is Southern Magnesium & Chemicals' Interest Expense too high?
Southern Magnesium & Chemicals' current Interest Expense is ₹-3.79 Mil. Overall, Southern Magnesium & Chemicals has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Magnesium & Chemicals' Interest Expense compare to competitors?
Southern Magnesium & Chemicals' Interest Expense of ₹-3.79 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Southern Magnesium & Chemicals and its competitors. Southern Magnesium & Chemicals's current Interest Expense is ₹-3.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Magnesium & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Southern Magnesium & Chemicals (BOM:513498) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹64.17, compared to a current price of ₹74.15 — trading 15.6% above its estimated fair value. The current Interest Expense is ₹-3.79 Mil. Southern Magnesium & Chemicals' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Southern Magnesium & Chemicals (BOM:513498), the current Interest Expense is ₹-3.79 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southern Magnesium & Chemicals (BOM:513498) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Magnesium & Chemicals stock appears to be overvalued. The current stock price of ₹74.15 is trading 15.6% above its estimated GF Value™ of ₹64.17. GuruFocus considers Southern Magnesium & Chemicals to be Modestly Overvalued.

Key valuation signals for BOM:513498:

  • Interest Expense: ₹-3.79 Mil
  • GF Value™: ₹64.17 vs. price of ₹74.15 (15.6% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the BOM:513498 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Magnesium & Chemicals Business Description

Address Deccan Chambers, 5th Floor, 6-3-666/B, Somajiguda, Hyderabad, TG, IND, 500082
Southern Magnesium & Chemicals Ltd is an Indian company engaged in the business of magnesium metal and related goods. The company also produces Magnesium alloy, Turnings, Granules, Powders, and extrusion.
71GF Score

Get the complete analysis for BOM:513498

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹74.15
Price
₹64.17
GF Value