Shekhawati Industries (BOM:533301) Interest Expense : ₹-0.4 Mil (TTM As of Dec. 2024)

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What is Shekhawati Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shekhawati Industries's interest expense for the three months ended in Dec. 2024 was ₹ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-0.4 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. Shekhawati Industries's Operating Income for the three months ended in Dec. 2024 was ₹ 11.3 Mil. Shekhawati Industries's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.1 Mil. Shekhawati Industries's Interest Coverage for the quarter that ended in Dec. 2024 was 126.82. 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.

Shekhawati Industries Interest Expense Historical Data

The historical data trend for Shekhawati 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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Shekhawati Industries Interest Expense Chart

Shekhawati Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1.85

-1.83

-0.73

-0.55

-0.45

Shekhawati 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															-0.11	-0.11	-0.09	-0.09	-0.09

Shekhawati 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 ₹-0.4 Mil.

Shekhawati Industries (BOM:533301) 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.

Shekhawati Industries's Interest Expense for the three months ended in Dec. 2024 was ₹-0.1 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹11.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Shekhawati 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	*	11.287	/	-0.089
	=	126.82

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shekhawati Industries Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Shekhawati Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shekhawati Industries Ltd (BOM:533301) » Definitions » Interest Expense

Traded in Other Exchanges

SHEKHAWATI:India

Address

Off. Western Express Highway, Express Zone, 'A' Wing, Unit No. 1102/1103, Patel Vatika, Malad (East), Mumbai, MH, IND, 400 097

Website

https://www.shekhawatiyarn.com

Shekhawati Industries Ltd formerly Shekhawati Poly-Yarn Ltd is engaged in the business of manufacturing of texturizing yarn, twisting yarn and knitted fabrics. The Company operates through single segment: textile business segment. The firm engages in the manufacture of polyester texturized yarn and fancy yarn used for suiting, shirting, dress materials, sarees, hosiery, knitted fabric, zipper fastener, curtain, industrial cloth, and upholstery. The company caters to both domestic and international markets.

Shekhawati Industries Headlines

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