Stratmont Industries (BOM:530495) Interest Expense : ₹-7 Mil (TTM As of Dec. 2024)

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What is Stratmont Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stratmont Industries's interest expense for the three months ended in Dec. 2024 was ₹ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-7 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. Stratmont Industries's Operating Income for the three months ended in Dec. 2024 was ₹ 4 Mil. Stratmont Industries's Interest Expense for the three months ended in Dec. 2024 was ₹ -3 Mil. Stratmont Industries's Interest Coverage for the quarter that ended in Dec. 2024 was 1.49. 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.

Stratmont Industries Interest Expense Historical Data

The historical data trend for Stratmont 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.

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Stratmont Industries Interest Expense Chart

Stratmont Industries Annual Data

Trend

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Mar24

Interest Expense

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-0.50

-3.31

Stratmont 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															-0.43	-0.51	-0.94	-2.42	-2.82

Stratmont 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 ₹-7 Mil.

Stratmont Industries (BOM:530495) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Stratmont Industries's Interest Expense for the three months ended in Dec. 2024 was ₹-3 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4.191	/	-2.815
	=	1.49

The higher the ratio, the stronger the company's financial strength is.

Stratmont Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Stratmont Industries Ltd (BOM:530495) » Definitions » Interest Expense

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Address

Off New Link Road, Veera Industrial Estate, VIP Plaza, Unit No.505, 5th Floor, Opposite Citi Mall, Andheri(West), Mumbai, MH, IND, 400053

Website

https://www.stratmontindustries.com

Stratmont Industries Ltd is an India-based company that engages in the business of trading coking coal / Steel / LAMC etc. The Company has considered primarly Trading in Commodites as the single reportable segment. A vast majority of its revenues are derived from the sale of traded goods.

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