GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sangani Hospitals Ltd (NSE:SANGANI) » Definitions » Interest Expense

Sangani Hospitals (NSE:SANGANI) Interest Expense : ₹0.0 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Sangani Hospitals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sangani Hospitals's interest expense for the six months ended in Sep. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹0.0 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. Sangani Hospitals's Operating Income for the six months ended in Sep. 2024 was ₹ 15.2 Mil. Sangani Hospitals's Interest Expense for the six months ended in Sep. 2024 was ₹ 0.0 Mil. GuruFocus does not calculate Sangani Hospitals's interest coverage with the available data. 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.


Sangani Hospitals Interest Expense Historical Data

The historical data trend for Sangani Hospitals'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.

* Premium members only.

Sangani Hospitals Interest Expense Chart

Sangani Hospitals Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-0.54 -0.77 -0.43 - -0.32

Sangani Hospitals Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial - -0.30 - - -

Sangani Hospitals 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 semi-annually data reported by the company within the most recent 12 months, which was ₹0.0 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.


Sangani Hospitals  (NSE:SANGANI) 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.

Sangani Hospitals's Interest Expense for the six months ended in Sep. 2024 was ₹0.0 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹15.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹0.9 Mil.

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

GuruFocus does not calculate Sangani Hospitals's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sangani Hospitals Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Sangani Hospitals Business Description

Traded in Other Exchanges
N/A
Address
Sainath Society, Opp. S. T, Village Keshod, Junagadh, GJ, IND, 362220
Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Its services predominantly includes super specialty services, specialty services and other support services. It also operates a pathology laboratory and medical store. Currently, It operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary and tertiary care facilities. The company operates in a single segment which is Healthcare.

Sangani Hospitals Headlines

No Headlines