Sitara Chemicals Industries (KAR:SITC) Interest Expense : ₨ Mil (TTM As of . 20)

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What is Sitara Chemicals Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sitara Chemicals Industries's interest expense for the three months ended in . 20 was ₨ 0.00 Mil. Sitara Chemicals Industries does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Sitara Chemicals Industries's Operating Income for the three months ended in . 20 was ₨ 0.00 Mil. Sitara Chemicals Industries's Interest Expense for the three months ended in . 20 was ₨ 0.00 Mil. Sitara Chemicals Industries did not have earnings to cover the interest expense. 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.

Sitara Chemicals Industries Interest Expense Historical Data

The historical data trend for Sitara Chemicals 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.

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Sitara Chemicals Industries Interest Expense Chart

Sitara Chemicals Industries Annual Data

Trend

Interest Expense

Sitara Chemicals Industries Quarterly Data

Interest Expense

Sitara Chemicals Industries Interest Expense Calculation

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

Sitara Chemicals Industries (KAR:SITC) 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.

Sitara Chemicals Industries's Interest Expense for the three months ended in . 20 was ₨0.00 Mil. Its Operating Income for the three months ended in . 20 was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₨0.00 Mil.

Sitara Chemicals Industries's Interest Coverage for the quarter that ended in . 20 is calculated as

Sitara Chemicals Industries had no long-term debt ⁽¹⁾.

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

Sitara Chemicals Industries (KAR:SITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sitara Chemicals Industries Ltd (KAR:SITC) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Mumtaz Hasan Road, 601-602 Business Centre, Karachi, SD, PAK, 74000

Website

https://www.sitara.com.pk

Sitara Chemicals Industries Ltd is engaged in the operation of the Chlor Alkali plant and yarn spinning unit. The firm is organized into two main divisions namely Chemical division and Textile division. Chemical division; manufactures & sells caustic soda & allied products such as ammonium chloride, bleaching powder & caustic soda flakes among others. Textile Division is into the manufacturing of yarn and trading of fabric.