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UR Sugar Industries (BOM:539097) Interest Expense : ₹-0.08 Mil (TTM As of Mar. 2024)


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What is UR Sugar Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. UR Sugar Industries's interest expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.08 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. UR Sugar Industries's Operating Income for the three months ended in Mar. 2024 was ₹ -4.78 Mil. UR Sugar Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. UR Sugar Industries 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.


UR Sugar Industries Interest Expense Historical Data

The historical data trend for UR Sugar 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.

UR Sugar Industries Interest Expense Chart

UR Sugar Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.01 - -0.05 -0.12 -0.08

UR Sugar Industries Quarterly Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.03 -0.03 -0.02 -0.03 -

UR Sugar 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.08 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.


UR Sugar Industries  (BOM:539097) 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.

UR Sugar Industries's Interest Expense for the three months ended in Mar. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-4.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

UR Sugar Industries's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

UR Sugar Industries 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.


UR Sugar Industries (BOM:539097) Business Description

Traded in Other Exchanges
N/A
Address
UR Building, Basweshware Circle, Bellad-Bagewadi, Taluka Hukkeri, District Belgaum, Belgaum, KA, IND, 591305
UR Sugar Industries Ltd formerly HKG Ltd connects small businesses and empowers them to grow through its web interfaces and services. Its services include My RERA, Area Online, My Notification, My Locker, and Mera Financial, among others. It is also engaged in the trading of securities. The business verticals of the group have a presence in industries like Retail, Hyperlocal, E-commerce, Real Estate, Digital Marketing, News and Information, Web Services, and others.

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