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Shanti Guru Industries (BOM:534708) Interest Expense : ₹0.00 Mil (TTM As of Sep. 2023)


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What is Shanti Guru Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanti Guru Industries's interest expense for the six months ended in Sep. 2023 was ₹ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹0.00 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. Shanti Guru Industries's Operating Income for the six months ended in Sep. 2023 was ₹ -0.78 Mil. Shanti Guru Industries's Interest Expense for the six months ended in Sep. 2023 was ₹ -0.00 Mil. Shanti Guru 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.


Shanti Guru Industries Interest Expense Historical Data

The historical data trend for Shanti Guru 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.

Shanti Guru Industries Interest Expense Chart

Shanti Guru Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 - -0.13 -0.02 -

Shanti Guru Industries Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - -0.02 - - -

Shanti Guru 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.00 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.


Shanti Guru Industries  (BOM:534708) 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.

Shanti Guru Industries's Interest Expense for the six months ended in Sep. 2023 was ₹-0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹-0.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.00 Mil.

Shanti Guru Industries's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Shanti Guru 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.

Good Sign:

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


Shanti Guru Industries (BOM:534708) Business Description

Traded in Other Exchanges
N/A
Address
10B/2, No.109, P.H. Road, Sapna Trade Centre, 10th Floor, Chennai, TN, IND, 600084
Shanti Guru Industries Ltd operates in the retail industry. The company is engaged in the business of agro-based food products and fast moving consumer goods.

Shanti Guru Industries (BOM:534708) Headlines

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