GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shreeshay Engineers Ltd (BOM:541112) » Definitions » Interest Expense

Shreeshay Engineers (BOM:541112) Interest Expense : ₹-0.0 Mil (TTM As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Shreeshay Engineers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shreeshay Engineers's interest expense for the six months ended in Sep. 2024 was ₹ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-0.0 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. Shreeshay Engineers's Operating Income for the six months ended in Sep. 2024 was ₹ 0.6 Mil. Shreeshay Engineers's Interest Expense for the six months ended in Sep. 2024 was ₹ -0.0 Mil. Shreeshay Engineers's Interest Coverage for the quarter that ended in Sep. 2024 was 17.87. 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.


Shreeshay Engineers Interest Expense Historical Data

The historical data trend for Shreeshay Engineers'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.

Shreeshay Engineers Interest Expense Chart

Shreeshay Engineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.01 - -0.06

Shreeshay Engineers Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - -0.01 0.01 -0.03

Shreeshay Engineers 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.0 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.


Shreeshay Engineers  (BOM:541112) 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.

Shreeshay Engineers's Interest Expense for the six months ended in Sep. 2024 was ₹-0.0 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹0.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹0.0 Mil.

Shreeshay Engineers's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*0.554/-0.031
=17.87

* 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:

Shreeshay Engineers Ltd has no debt.


Shreeshay Engineers Business Description

Traded in Other Exchanges
N/A
Address
LBS Marg, Wagle Industria Estatel, Shop No. F-04, 1st floor, Eternity Mall, Naupada, Teen Haath Naka, Thane, MH, IND, 400604
Shreeshay Engineers Ltd is engaged in the business of real estate construction and engineering-focused solutions. It is based in India and generates revenue from contractual work.

Shreeshay Engineers Headlines

No Headlines