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SVS Ventures (BOM:543745) Interest Expense : ₹-0.02 Mil (TTM As of Sep. 2024)


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What is SVS Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SVS Ventures's interest expense for the six months ended in Sep. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-0.02 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. SVS Ventures's Operating Income for the six months ended in Sep. 2024 was ₹ 0.78 Mil. SVS Ventures's Interest Expense for the six months ended in Sep. 2024 was ₹ 0.00 Mil. SVS Ventures 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.


SVS Ventures Interest Expense Historical Data

The historical data trend for SVS Ventures'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.

SVS Ventures Interest Expense Chart

SVS Ventures Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-5.06 -4.89 - - -0.11

SVS Ventures Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial - - -0.09 -0.02 -

SVS Ventures 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 ₹-0.02 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.


SVS Ventures  (BOM:543745) 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.

SVS Ventures's Interest Expense for the six months ended in Sep. 2024 was ₹0.00 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹0.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹0.00 Mil.

SVS Ventures's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

SVS Ventures 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SVS Ventures Ltd has enough cash to cover all of its debt. Its financial situation is stable.


SVS Ventures Business Description

Traded in Other Exchanges
N/A
Address
S. G. Highway, Block A, Office No. 1009, Mondeal Heights, Near Panchratna Party Plot, Ahmedabad, GJ, IND, 380 051
SVS Ventures Ltd is engaged in the real estate business. The company primarily deals in Real estate activities with owned or leased property & Construction Business. The company's project consists of Siddhi Vinayak Elegance, Siddhi Vinayak Greens, Empressa, Sukriti Sapphire, Orion Pearl, Vijay ERA, Vijay Camellia, and VR Complex.

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