Shanti Educational Initiatives (BOM:539921) Interest Expense : ₹-3.2 Mil (TTM As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Shanti Educational Initiatives Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanti Educational Initiatives'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 ₹-3.2 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 Educational Initiatives's Operating Income for the three months ended in Dec. 2024 was ₹ 20.6 Mil. Shanti Educational Initiatives's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.1 Mil. Shanti Educational Initiatives's Interest Coverage for the quarter that ended in Dec. 2024 was 278.19. 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 Educational Initiatives Interest Expense Historical Data

The historical data trend for Shanti Educational Initiatives'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 Educational Initiatives Interest Expense Chart

Shanti Educational Initiatives Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-5.43

-3.69

-5.64

-2.96

-2.98

Shanti Educational Initiatives 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															-0.44	-1.27	-0.50	-1.33	-0.07

Shanti Educational Initiatives 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 ₹-3.2 Mil.

Shanti Educational Initiatives (BOM:539921) 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.

Shanti Educational Initiatives'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 ₹20.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Shanti Educational Initiatives'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	*	20.586	/	-0.074
	=	278.19

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

Shanti Educational Initiatives Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Shanti Educational Initiatives Ltd (BOM:539921) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bopal-Ambli Road, Shanti Corporate House, Near Hirarupa Banquet Hall, Opposite Landmark Hotel, Ahmedabad, GJ, IND, 380058

Website

http://www.seil.edu.in

Shanti Educational Initiatives Ltd is a school management solutions provider and education company. Its educational units include Shanti Asiatic schools, Shanti juniors, Shanti hopskotch, and Shanti business schools. The company services include infrastructure setup support, campus layout plan, building school governance manuals, complete administration of the school, marketing and branding, manpower mapping and resource planning, budgeting, and business and financial models. Its revenue comes from the sale of Services, Training Income, Education Services, and Franchisee Income.

Shanti Educational Initiatives Headlines

No Headlines