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Scarnose International (BOM:543537) Interest Expense : ₹-0.1 Mil (TTM As of Sep. 2023)


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What is Scarnose International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Scarnose International's interest expense for the six months ended in Sep. 2023 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-0.1 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. Scarnose International's Operating Income for the six months ended in Sep. 2023 was ₹ -2.6 Mil. Scarnose International's Interest Expense for the six months ended in Sep. 2023 was ₹ 0.0 Mil. Scarnose International has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Scarnose International Interest Expense Historical Data

The historical data trend for Scarnose International'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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Scarnose International Interest Expense Chart

Scarnose International Annual Data
Trend Mar20 Mar21 Mar22
Interest Expense
- - -1.01

Scarnose International Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial - - -0.09 -0.08 -

Scarnose International 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.1 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.


Scarnose International  (BOM:543537) 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.

Scarnose International's Interest Expense for the six months ended in Sep. 2023 was ₹0.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹-2.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.0 Mil.

Scarnose International's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Scarnose International had no long-term debt (1).

* 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.


Scarnose International (BOM:543537) Business Description

Traded in Other Exchanges
N/A
Address
Off C. G. Road, 503, Sun Square, Nr Hotel Nest, Navrangpura, Ahmedabad, GJ, IND, 380006
Scarnose International Ltd manufactures and trades agricultural commodities such as cotton trading, garment manufacturing, yarn trading, and fabric trading. The companies product portfolio includes raw cotton, cotton bales, yarn and garments for ladies.

Scarnose International (BOM:543537) Headlines

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