SME Leasing (KAR:SLL) Interest Expense: ₨-0.04 Mil (TTM As of Sep. 2024)


KAR:SLL SME Leasing Ltd KAR:SLL
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What is SME Leasing Interest Expense?

SME Leasing KAR:SLL 2 Interest Expense is ₨-0.04 Mil as of Sep. 2024. GuruFocus rates KAR:SLL with a GF Score™ of 2/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SME Leasing's interest expense for the three months ended in Sep. 2024 was ₨ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₨-0.04 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. SME Leasing's Operating Income for the three months ended in Sep. 2024 was ₨ -18.34 Mil. SME Leasing's Interest Expense for the three months ended in Sep. 2024 was ₨ -0.01 Mil. SME Leasing 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.

SME Leasing  (KAR:SLL) 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.

SME Leasing's Interest Expense for the three months ended in Sep. 2024 was ₨-0.01 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₨-18.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₨0.00 Mil.

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

SME Leasing did not have earnings to cover the interest expense.

* 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.

SME Leasing Interest Expense Historical Data

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The historical data trend for SME Leasing'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.

SME Leasing Interest Expense Chart

SME Leasing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.12 -0.12 -0.08 -0.06

SME Leasing Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.06 0.00 -0.03 0.00 -0.01
KAR:SLL
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SME Leasing Ltd KAR:SLL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SME Leasing 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 quarterly data reported by the company within the most recent 12 months, which was ₨-0.04 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 ₨-0.04 Mil mean?
SME Leasing (KAR:SLL) has a Interest Expense of ₨-0.04 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on SME Leasing and its competitors.
Is SME Leasing's Interest Expense too high?
SME Leasing's current Interest Expense is ₨-0.04 Mil. Overall, SME Leasing has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does SME Leasing's Interest Expense compare to V and MA?
SME Leasing's Interest Expense of ₨-0.04 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good Interest Expense depends on the Credit Services 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 SME Leasing and its competitors. SME Leasing's current Interest Expense is ₨-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SME Leasing stock overvalued right now?
SME Leasing (KAR:SLL) has a current Interest Expense of ₨-0.04 Mil. The current Interest Expense is ₨-0.04 Mil. SME Leasing's overall GF Score™ is 2/100. 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 SME Leasing (KAR:SLL), the current Interest Expense is ₨-0.04 Mil as of Sep. 2024. 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.

SME Leasing Business Description

Address Shahra-e-Faisal, Office No. 304, 3rd Floor, Business Arcade, Karachi, PAK
SME Leasing Ltd along with its subsidiaries is engaged in resolving, advising, and supporting the financial needs of small as well as medium size businessmen, traders, professionals, and educationists. The company's product profile includes SME Automobile, SME Cash Support, SME Machine Plus, SME Power Plus and SME Medical Equip. Its segments are finance lease, loans and receivables and investments.
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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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