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Saj Hotels (NSE:SAJHOTELS) Interest Expense : ₹-0.52 Mil (TTM As of Mar. 2024)


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What is Saj Hotels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saj Hotels's interest expense for the six months ended in Mar. 2024 was ₹ -0.52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.52 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. Saj Hotels's Operating Income for the six months ended in Mar. 2024 was ₹ -6.80 Mil. Saj Hotels's Interest Expense for the six months ended in Mar. 2024 was ₹ -0.52 Mil. Saj Hotels 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.


Saj Hotels Interest Expense Historical Data

The historical data trend for Saj Hotels'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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Saj Hotels Interest Expense Chart

Saj Hotels Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-14.17 -5.14 -1.62 -0.52

Saj Hotels Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Interest Expense -14.17 -5.14 -1.62 -0.52

Saj Hotels 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. 2024 was ₹-0.52 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.


Saj Hotels  (NSE:SAJHOTELS) 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.

Saj Hotels's Interest Expense for the six months ended in Mar. 2024 was ₹-0.52 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹-6.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹3.25 Mil.

Saj Hotels's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Saj Hotels 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.


Saj Hotels Business Description

Traded in Other Exchanges
N/A
Address
Bajaj Road, Office no. 102, 1st Floor, Navkar Plaza Premises Coop Society Ltd, Vile Parle (West), Mumbai, MH, IND, 400056
Saj Hotels Ltd is engaged in the Hospitality industry. The company provides a diverse portfolio of Business-to-Business, Business-to-business-to-customer, and Business-to-Customer hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties. It focuses on providing comprehensive services to guests, including food and beverage options, recreational facilities and event-hosting capabilities, reflecting a commitment to ensuring a memorable experience for its visitors. It offers various accommodation options across various destinations, each tailored to provide comfort and convenience. Its resorts have well-appointed rooms and suites, complemented by a variety of dining venues including restaurants, bars and in-room dining services.

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