Safa Systems & Technologies (BOM:543461) Interest Expense : ₹-59 Mil (TTM As of Sep. 2024)

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What is Safa Systems & Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Safa Systems & Technologies's interest expense for the six months ended in Sep. 2024 was ₹ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-59 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. Safa Systems & Technologies's Operating Income for the six months ended in Sep. 2024 was ₹ 34 Mil. Safa Systems & Technologies's Interest Expense for the six months ended in Sep. 2024 was ₹ -20 Mil. Safa Systems & Technologies's Interest Coverage for the quarter that ended in Sep. 2024 was 1.76. 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.

Safa Systems & Technologies Interest Expense Historical Data

The historical data trend for Safa Systems & Technologies'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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Safa Systems & Technologies Interest Expense Chart

Safa Systems & Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-26.20

-17.92

-12.32

-30.01

-39.43

Safa Systems & Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial					-13.34	-16.67	-	-39.43	-19.54

Safa Systems & Technologies 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 ₹-59 Mil.

Safa Systems & Technologies (BOM:543461) 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.

Safa Systems & Technologies's Interest Expense for the six months ended in Sep. 2024 was ₹-20 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹34 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹34 Mil.

Safa Systems & Technologies'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	*	34.48	/	-19.538
	=	1.76

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

Safa Systems & Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Safa Systems & Technologies Ltd (BOM:543461) » Definitions » Interest Expense

Traded in Other Exchanges

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Address

Kaniyapilly Road, Door No. 46/2631 B, Safa Arcade, Behind Holiday Inn, Chakkaraparambu, Ernakulam, KL, IND, 682028

Website

https://www.sssinfo.in

Safa Systems & Technologies Ltd is engaged in the business of distributorship of consumer durable products like Mobile phones, electronic gadgets, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devices of various brands like Xiaomi, OPPO, TECNO, motorola, Micromax, One Plus and others.

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