Shipwaves Online (BOM:544646) Interest Expense: ₹-35.7 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:544646 Shipwaves Online Ltd BOM:544646
16 GF Score
Price ₹2.91
! 7 Warning Signs
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What is Shipwaves Online Interest Expense?

Shipwaves Online BOM:544646 -3.96% 16 Interest Expense is ₹-35.7 Mil as of Mar. 2026. GuruFocus rates BOM:544646 with a GF Score™ of 16/100. The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shipwaves Online's interest expense for the six months ended in Mar. 2026 was ₹ -35.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-35.7 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. Shipwaves Online's Operating Income for the six months ended in Mar. 2026 was ₹ 56.2 Mil. Shipwaves Online's Interest Expense for the six months ended in Mar. 2026 was ₹ -35.7 Mil. Shipwaves Online's Interest Coverage for the quarter that ended in Mar. 2026 was 1.57. 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.


Shipwaves Online  (BOM:544646) 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.

Shipwaves Online's Interest Expense for the six months ended in Mar. 2026 was ₹-35.7 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹56.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹17.9 Mil.

Shipwaves Online's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*56.214/-35.728
=1.57

* 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.


Shipwaves Online Interest Expense Historical Data

* Premium members only.

The historical data trend for Shipwaves Online'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.

Shipwaves Online Interest Expense Chart

Shipwaves Online Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Expense
-11.25 -21.15 -34.99 -35.73

Shipwaves Online Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Interest Expense -11.25 -21.15 -34.99 -35.73
BOM:544646
16GF Score
Shipwaves Online Ltd BOM:544646
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shipwaves Online Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-35.7 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-35.7 Mil mean?
Shipwaves Online (BOM:544646) has a Interest Expense of ₹-35.7 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Shipwaves Online and its competitors.
Is Shipwaves Online's Interest Expense too high?
Shipwaves Online's current Interest Expense is ₹-35.7 Mil. Overall, Shipwaves Online has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shipwaves Online's Interest Expense compare to competitors?
Shipwaves Online's Interest Expense of ₹-35.7 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Transportation company?
A good Interest Expense depends on the Transportation industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Shipwaves Online and its competitors. Shipwaves Online's current Interest Expense is ₹-35.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shipwaves Online stock overvalued right now?
Shipwaves Online (BOM:544646) has a current Interest Expense of ₹-35.7 Mil. The current Interest Expense is ₹-35.7 Mil. Shipwaves Online's overall GF Score™ is 16/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Shipwaves Online (BOM:544646), the current Interest Expense is ₹-35.7 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shipwaves Online Business Description

Address 1st cross, Attavara, 18-2-16/4(3), 3rd Floor, Mukka Corporate House, Dakshina Kannada, Mangalore, KA, IND, 575001
Shipwaves Online Ltd presents itself as a comprehensive, single unified platform designed to meet its client's shipping and logistical needs. Its expertise spans across multimodal transportation solutions, offering seamless end-to-end support for shipments across Ocean, Land, and Air. The company's platform is built to offer real-time visibility, ensuring that clients have full transparency and control over their logistics operations from the point of origin to the final destination. The Company offers two primary service categories-Digital Freight Forwarding and Enterprise SaaS Solutions-each designed to meet the evolving needs of businesses in the logistics and supply chain industry. The company generates majority of its revenue from Ocean Shipment.
16GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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