Sanco Industries (NSE:SANCO) Interest Expense: ₹-19.3 Mil (TTM As of Mar. 2020)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SANCO Sanco Industries Ltd NSE:SANCO
4 GF Score
Price ₹2.90
View Full Analysis

What is Sanco Industries Interest Expense?

Sanco Industries NSE:SANCO 4 Interest Expense is ₹-19.3 Mil as of Mar. 2020. GuruFocus rates NSE:SANCO with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sanco Industries's interest expense for the six months ended in Mar. 2020 was ₹ -19.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2020 was ₹-19.3 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. Sanco Industries's Operating Income for the six months ended in Mar. 2020 was ₹ 5.8 Mil. Sanco Industries's Interest Expense for the six months ended in Mar. 2020 was ₹ -19.3 Mil. Sanco Industries's Interest Coverage for the quarter that ended in Mar. 2020 was 0.30. 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.

Sanco Industries  (NSE:SANCO) 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.

Sanco Industries's Interest Expense for the six months ended in Mar. 2020 was ₹-19.3 Mil. Its Operating Income for the six months ended in Mar. 2020 was ₹5.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2020 was ₹120.6 Mil.

Sanco 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*5.784/-19.346
=0.30

* 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.

Sanco Industries Interest Expense Historical Data

* Premium members only.

The historical data trend for Sanco 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.

Sanco Industries Interest Expense Chart

Sanco Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Interest Expense
Get a 7-Day Free Trial -60.62 -58.18 -60.72 -65.51 -19.35

Sanco Industries Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Interest Expense Get a 7-Day Free Trial -60.62 -58.18 -60.72 -65.51 -19.35
NSE:SANCO
4GF Score
Sanco Industries Ltd NSE:SANCO
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanco Industries 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. 2020 was ₹-19.3 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 ₹-19.3 Mil mean?
Sanco Industries (NSE:SANCO) has a Interest Expense of ₹-19.3 Mil as of Mar. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sanco Industries and its competitors.
Is Sanco Industries' Interest Expense too high?
Sanco Industries' current Interest Expense is ₹-19.3 Mil. Overall, Sanco Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sanco Industries' Interest Expense compare to HUBB?
Sanco Industries' Interest Expense of ₹-19.3 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Sanco Industries and its competitors. Sanco Industries's current Interest Expense is ₹-19.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanco Industries stock overvalued right now?
Sanco Industries (NSE:SANCO) has a current Interest Expense of ₹-19.3 Mil. The current Interest Expense is ₹-19.3 Mil. Sanco Industries' overall GF Score™ is 4/100. 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 Sanco Industries (NSE:SANCO), the current Interest Expense is ₹-19.3 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.

Sanco Industries Business Description

Address D - 161, Surajmal Vihar, Near Karkardooma Court, New Delhi, IND, 110092
Sanco Industries Ltd is an India-based holding company. It is engaged in the business of PVC Pipes, PVC Wires and Cables, and Copper Wire Rod. It is engaged in manufacturing and trading of polyvinyl chloride (PVC) resin, PVC compound, PVC profiles, light-emitting diode (LED) lights, and chemical. The company operates in one business segment namely, Manufacturing business. It offers various products, which comprise PVC conduit pipes, PVC casings, and cappings, PVC insulated wires, calcium carbonate, and PVC insulation tape.
4GF Score

Get the complete analysis for NSE:SANCO

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

₹2.90
Price