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Sailani Tours N Travels (BOM:543541) Interest Expense : ₹-0.4 Mil (TTM As of Mar. 2024)


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What is Sailani Tours N Travels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sailani Tours N Travels's interest expense for the six months ended in Mar. 2024 was ₹ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.4 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. Sailani Tours N Travels's Operating Income for the six months ended in Mar. 2024 was ₹ 1.5 Mil. Sailani Tours N Travels's Interest Expense for the six months ended in Mar. 2024 was ₹ -0.1 Mil. Sailani Tours N Travels's Interest Coverage for the quarter that ended in Mar. 2024 was 24.26. 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.

Sailani Tours N Travels Interest Expense Historical Data

The historical data trend for Sailani Tours N Travels'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.

Sailani Tours N Travels Interest Expense Chart

Sailani Tours N Travels Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
- -0.03 -0.03 -0.06 -0.40

Sailani Tours N Travels Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial - -0.23 0.17 -0.34 -0.06

Sailani Tours N Travels 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 ₹-0.4 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.

Sailani Tours N Travels  (BOM:543541) 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.

Sailani Tours N Travels's Interest Expense for the six months ended in Mar. 2024 was ₹-0.1 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0.0 Mil.

Sailani Tours N Travels'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*1.48/-0.061
=24.26

* 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.

Sailani Tours N Travels (BOM:543541) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sailani Tours N Travels Ltd (BOM:543541) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
AD-62, Sector 1, Ground Floor, Salt Lake City, Bhidannagar, Kolkata, WB, IND, 700064
Website
https://www.sailanitours.com
Sailani Tours n Travels Ltd operates as a travel company catering to the overall travel needs of Indian and International travelers in the state of Kolkata. Its business is categorized as Leisure Travel, Corporate Travel, Forex, and Visa Processing. It designs travel packages for both individuals and groups for their domestic and international leisure travel. The company provides end-to-end travel solutions including land, air, and cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, visa, passport and medical insurance assistance, and other destination management services. It also provides travel-related foreign exchange & payment solutions.

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