Smruthi Organics (BOM:540686) Interest Expense : ₹-11 Mil (TTM As of Jun. 2024)

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What is Smruthi Organics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smruthi Organics's interest expense for the three months ended in Jun. 2024 was ₹ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-11 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. Smruthi Organics's Operating Income for the three months ended in Jun. 2024 was ₹ -8 Mil. Smruthi Organics's Interest Expense for the three months ended in Jun. 2024 was ₹ -4 Mil. Smruthi Organics 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.

Smruthi Organics Interest Expense Historical Data

The historical data trend for Smruthi Organics'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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Smruthi Organics Interest Expense Chart

Smruthi Organics Annual Data

Trend

Mar15

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Mar24

Interest Expense

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-25.42

-6.50

-4.76

-3.79

-10.09

Smruthi Organics Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-3.25	-3.92	-3.19	0.27	-4.08

Smruthi Organics 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-11 Mil.

Smruthi Organics (BOM:540686) 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.

Smruthi Organics's Interest Expense for the three months ended in Jun. 2024 was ₹-4 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹-8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

Smruthi Organics's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Smruthi Organics did not have earnings to cover the interest expense.

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

Smruthi Organics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Smruthi Organics Ltd (BOM:540686) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

165-A, Balaji Bhavan, 1st Floor, Railway Lines, Solapur, MH, IND, 413 001

Website

https://www.smruthiorganics.com

Smruthi Organics Ltd is engaged in the manufacture of bulk drugs and drug intermediates (API Products). The product portfolio includes Amlodipine Besilate, Amlodipine Base, S-Amlodipine Besilate, S-Amlodipine Base, Norfloxacin, Metformin HCI, Diloxanide Furoate, Phthaloyl Amlodipine, Pantoprazole Sodium, Pefloxacin Mesylate Dihydrate, Telmisartan, Losartan Potassium and many more. It has two segments Bulk Drugs and Drugs Intermediates (API) and Formulation. it generates the majority of its revenue from the Bulk Drugs and Drugs Intermediates (API) segment.

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