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Spright Agro (BOM:531205) Interest Expense : ₹0.0 Mil (TTM As of Mar. 2024)


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What is Spright Agro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spright Agro's interest expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.0 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. Spright Agro's Operating Income for the three months ended in Mar. 2024 was ₹ 66.0 Mil. Spright Agro's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Spright Agro has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Spright Agro Interest Expense Historical Data

The historical data trend for Spright Agro'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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Spright Agro Interest Expense Chart

Spright Agro Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
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Spright Agro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Spright Agro 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 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.


Spright Agro  (BOM:531205) 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.

Spright Agro's Interest Expense for the three months ended in Mar. 2024 was ₹0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹66.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

Spright Agro's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Spright Agro had no long-term debt (1).

* 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.


Spright Agro (BOM:531205) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, Office No: B-263, Sakar-7, Nehru Bridge Corner, Ahmedabad, GJ, IND, 380006
Tine Agro Ltd formerly Kansal Fibres Ltd is currently engaged in the business of dealing and trading in all types of agricultural goods, commodities, and other related materials on retail as well as on wholesale basis.. It is engaged in the trading of textile material on a retail basis. The company markets its clothing products throughout India.

Spright Agro (BOM:531205) Headlines

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