Shelter Pharma (BOM:543963) Interest Expense : ₹-2.3 Mil (TTM As of Sep. 2024)

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What is Shelter Pharma Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shelter Pharma's interest expense for the six months ended in Sep. 2024 was ₹ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-2.3 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. Shelter Pharma's Operating Income for the six months ended in Sep. 2024 was ₹ 48.0 Mil. Shelter Pharma's Interest Expense for the six months ended in Sep. 2024 was ₹ -0.7 Mil. Shelter Pharma's Interest Coverage for the quarter that ended in Sep. 2024 was 69.04. 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.

Shelter Pharma Interest Expense Historical Data

The historical data trend for Shelter Pharma'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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Shelter Pharma Interest Expense Chart

Shelter Pharma Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.06

-0.14

-0.63

-0.06

-2.11

Shelter Pharma Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial			-0.08	0.02	-0.47	-1.64	-0.70

Shelter Pharma 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 ₹-2.3 Mil.

Shelter Pharma (BOM:543963) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shelter Pharma's Interest Expense for the six months ended in Sep. 2024 was ₹-0.7 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹48.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹10.1 Mil.

Shelter Pharma'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	*	47.985	/	-0.695
	=	69.04

The higher the ratio, the stronger the company's financial strength is.

Shelter Pharma Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shelter Pharma Ltd (BOM:543963) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Opp. MJ Library Ashram Road, 5th Floor, 501 Sakar 4, Paldi, Ellisbridge, Ahmedabad, GJ, IND, 380006

Website

https://www.shelter.co.in

Shelter Pharma Ltd focuses in manufacturing herbal products with a well-built presence in Human Pharma as well as the Veterinary space. It is present in most of the non-critical segments of human and veterinary pharma through its well-spread portfolio. Its products include tablets, syrups, baby drops, barley water, oils, powders, ointments, etc.

Shelter Pharma Headlines

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