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Syrma SGS Technology (BOM:543573) Interest Expense : ₹-486 Mil (TTM As of Sep. 2024)


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What is Syrma SGS Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Syrma SGS Technology's interest expense for the three months ended in Sep. 2024 was ₹ -136 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-486 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. Syrma SGS Technology's Operating Income for the three months ended in Sep. 2024 was ₹ 542 Mil. Syrma SGS Technology's Interest Expense for the three months ended in Sep. 2024 was ₹ -136 Mil. Syrma SGS Technology's Interest Coverage for the quarter that ended in Sep. 2024 was 3.99. 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.

Syrma SGS Technology Interest Expense Historical Data

The historical data trend for Syrma SGS Technology'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.

Syrma SGS Technology Interest Expense Chart

Syrma SGS Technology Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-111.77 -59.97 -51.97 -204.65 -374.94

Syrma SGS Technology Quarterly Data
Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -90.51 -100.39 -119.27 -130.32 -135.87

Syrma SGS Technology 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 quarterly data reported by the company within the most recent 12 months, which was ₹-486 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.

Syrma SGS Technology  (BOM:543573) 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.

Syrma SGS Technology's Interest Expense for the three months ended in Sep. 2024 was ₹-136 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹542 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹1,169 Mil.

Syrma SGS Technology'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*542.35/-135.87
=3.99

* 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.

Syrma SGS Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Syrma SGS Technology Ltd (BOM:543573) » Definitions » Interest Expense
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Traded in Other Exchanges
SYRMA:India
Address
MEPZ-SEZ, Plot B27, Phase II, Zone B, Tambaram, Chennai, TN, IND, 600045
Website
https://www.syrmasgs.com
Syrma SGS Technology Ltd provides Electronic Manufacturing Services. The company is engaged in the business of manufacturing various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies adapters, fiber optic assemblies, magnetic induction coils and RFID products, and other electronic products. It serves national and international B2B customers in the industrial, consumer electronics, healthcare, automotive, computer, medical, and railways business segments. The company derives key revenue from the Electronic Manufacturing Services, and the rest from the Medical Equipment Manufacturing Services, and Others segment. Geographically, the majority of its revenue is generated within India.

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