Shurwid Industries (DHA:SHURWID) Interest Expense: BDT-3.2 Mil (TTM As of Mar. 2020)

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DHA:SHURWID Shurwid Industries Ltd DHA:SHURWID
5 GF Score
Price BDT6.20
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What is Shurwid Industries Interest Expense?

Shurwid Industries DHA:SHURWID +3.33% 5 Interest Expense is BDT-3.2 Mil as of Mar. 2020. GuruFocus rates DHA:SHURWID with a GF Score™ of 5/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shurwid Industries's interest expense for the three months ended in Mar. 2020 was BDT -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2020 was BDT-3.2 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. Shurwid Industries's Operating Income for the three months ended in Mar. 2020 was BDT 8.9 Mil. Shurwid Industries's Interest Expense for the three months ended in Mar. 2020 was BDT -1.0 Mil. Shurwid Industries's Interest Coverage for the quarter that ended in Mar. 2020 was 9.31. 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.

Shurwid Industries  (DHA:SHURWID) 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.

Shurwid Industries's Interest Expense for the three months ended in Mar. 2020 was BDT-1.0 Mil. Its Operating Income for the three months ended in Mar. 2020 was BDT8.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2020 was BDT24.2 Mil.

Shurwid Industries's Interest Coverage for the quarter that ended in Mar. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2020 )/Interest Expense (Q: Mar. 2020 )
=-1*8.899/-0.956
=9.31

* 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.

Shurwid Industries Interest Expense Historical Data

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The historical data trend for Shurwid Industries'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.

Shurwid Industries Interest Expense Chart

Shurwid Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Interest Expense
-6.99 -4.77 -10.26 -6.28 -4.10

Shurwid Industries Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.36 -0.01 -1.49 -0.73 -0.96
DHA:SHURWID
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Shurwid Industries Ltd DHA:SHURWID
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shurwid Industries 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-3.2 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 BDT-3.2 Mil mean?
Shurwid Industries (DHA:SHURWID) has a Interest Expense of BDT-3.2 Mil as of Mar. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Shurwid Industries and its competitors.
Is Shurwid Industries' Interest Expense too high?
Shurwid Industries' current Interest Expense is BDT-3.2 Mil. Overall, Shurwid Industries has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Shurwid Industries' Interest Expense compare to BLL and AMCR?
Shurwid Industries' Interest Expense of BDT-3.2 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Interest Expense depends on the Packaging & Containers 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 Shurwid Industries and its competitors. Shurwid Industries's current Interest Expense is BDT-3.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shurwid Industries stock overvalued right now?
Shurwid Industries (DHA:SHURWID) has a current Interest Expense of BDT-3.2 Mil. The current Interest Expense is BDT-3.2 Mil. Shurwid Industries' overall GF Score™ is 5/100. 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 Shurwid Industries (DHA:SHURWID), the current Interest Expense is BDT-3.2 Mil as of Mar. 2020. 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.

Shurwid Industries Business Description

Address H- 2, R-7, L-7, Rupayan Prime, Dhanmondi, Dhaka, BGD, 1205
Shurwid Industries Ltd is engaged in manufacturing of PVC sheet & food grade disposable products. The company's product categories include water cups, lunch boxes, plates, and others.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT6.20
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