Shivansh Finserve (BOM:539593) Interest Expense : ₹-5.25 Mil (TTM As of Mar. 2024)

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What is Shivansh Finserve Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shivansh Finserve's interest expense for the three months ended in Mar. 2024 was ₹ -2.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5.25 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. Shivansh Finserve's Operating Income for the three months ended in Mar. 2024 was ₹ -0.81 Mil. Shivansh Finserve's Interest Expense for the three months ended in Mar. 2024 was ₹ -2.30 Mil. Shivansh Finserve 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.

Shivansh Finserve Interest Expense Historical Data

The historical data trend for Shivansh Finserve'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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Shivansh Finserve Interest Expense Chart

Shivansh Finserve Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-2.01

-0.89

-1.60

-1.04

-5.25

Shivansh Finserve Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.50	-0.92	-1.00	-1.04	-2.30

Shivansh Finserve 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 ₹-5.25 Mil.

Shivansh Finserve (BOM:539593) 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.

Shivansh Finserve's Interest Expense for the three months ended in Mar. 2024 was ₹-2.30 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-0.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹226.56 Mil.

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

Shivansh Finserve did not have earnings to cover the interest expense.

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

Shivansh Finserve (BOM:539593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shivansh Finserve Ltd (BOM:539593) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Ashram Road, 22, First Floor, Harsidhh Complex, Opposite Kalupur Commercial Bank, Income Tax, Ahmedabad, GJ, IND, 380014

Website

https://www.shivanshfinserve.com

Shivansh Finserve Ltd is an India based company. It is engaged in the wholesale trading of raw milk and dairy product. The company is also engaged in other financial advisers services.

Shivansh Finserve (BOM:539593) Headlines

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