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Soma Textiles & Industries (BOM:521034) Interest Expense : ₹-1.13 Mil (TTM As of Dec. 2024)


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What is Soma Textiles & Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Soma Textiles & Industries's interest expense for the three months ended in Dec. 2024 was ₹ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-1.13 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. Soma Textiles & Industries's Operating Income for the three months ended in Dec. 2024 was ₹ -20.10 Mil. Soma Textiles & Industries's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.30 Mil. Soma Textiles & Industries 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.


Soma Textiles & Industries Interest Expense Historical Data

The historical data trend for Soma Textiles & 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.

Soma Textiles & Industries Interest Expense Chart

Soma Textiles & 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 -126.20 -138.88 -187.50 -80.79 -5.03

Soma Textiles & Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.20 -0.03 -0.40 -0.40 -0.30

Soma Textiles & 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1.13 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.


Soma Textiles & Industries  (BOM:521034) 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.

Soma Textiles & Industries's Interest Expense for the three months ended in Dec. 2024 was ₹-0.30 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-20.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.00 Mil.

Soma Textiles & Industries's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Soma Textiles & Industries 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.


Soma Textiles & Industries Business Description

Traded in Other Exchanges
Address
Dinshaw Wachha Road, 6, Vaswani Mansion, Backbay Reclamation, Mumbai, MH, IND, 400 020
Soma Textiles & Industries Ltd is a textile manufacturing company. The Company has identified Textile Business as its only primary reportable segment in Trading and manufacturing. It manufactures and sells cloth in India and internationally. The company's products include piece-dyed fabrics. The company is in the business of manufacturing Cotton Yarn, Denim Fabrics, Shirtings, and Garments.

Soma Textiles & Industries Headlines

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