GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise Efficient Marketing Ltd (BOM:543515) » Definitions » Interest Expense

Sunrise Efficient Marketing (BOM:543515) Interest Expense : ₹-14 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Sunrise Efficient Marketing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunrise Efficient Marketing's interest expense for the six months ended in Mar. 2024 was ₹ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-14 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. Sunrise Efficient Marketing's Operating Income for the six months ended in Mar. 2024 was ₹ 69 Mil. Sunrise Efficient Marketing's Interest Expense for the six months ended in Mar. 2024 was ₹ -7 Mil. Sunrise Efficient Marketing's Interest Coverage for the quarter that ended in Mar. 2024 was 10.03. 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.

Sunrise Efficient Marketing Interest Expense Historical Data

The historical data trend for Sunrise Efficient Marketing'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.

Sunrise Efficient Marketing Interest Expense Chart

Sunrise Efficient Marketing Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -6.62 -3.14 -7.31 -9.52 -14.11

Sunrise Efficient Marketing Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only -3.70 -3.79 -5.73 -7.23 -6.89

Sunrise Efficient Marketing 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-14 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.

Sunrise Efficient Marketing  (BOM:543515) 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.

Sunrise Efficient Marketing's Interest Expense for the six months ended in Mar. 2024 was ₹-7 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹69 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹40 Mil.

Sunrise Efficient Marketing's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*69.069/-6.885
=10.03

* 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.

Sunrise Efficient Marketing Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise Efficient Marketing Ltd (BOM:543515) » Definitions » Interest Expense
Comparable Companies
BOM:504076 BOM:500246 BOM:533001 BOM:522183 NSE:MARSHALL BOM:505302 BOM:522091 BOM:544001 BOM:539255 BOM:504286 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Akash Bhumi Complex, Sub Plot No. 2, Block B, Village Pandesara, Surat, GJ, IND, 394221
Website
https://www.sunriseefficientmarketing.com
Sunrise Efficient Marketing Ltd is engaged in the business of trading, distributing, and wholesaling different types of industrial products such as electrical items, electronic items, spare parts and others. The company distributes Automotive Parts, Gear Boxes, Motors, Pumps, Oils, and FMCG products. The company retails, imports, exports, sells, fabricates, and assembles a wide range of products such as pipes, pipe fittings, sanitation parts, mechanical and engineering items, all types of machined and un-machined castings, industrial valves, and its spares, Oils, lubricants, all types of motors, pumps, generator sets, batteries and all types of electrical, mechanical, electronic items, and spare parts, accessories used for industrial, domestic and agricultural purposes.

Sunrise Efficient Marketing Headlines

No Headlines