Skipper (NSE:SKIPPER) Interest Expense : ₹-1,838 Mil (TTM As of Dec. 2024)

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What is Skipper Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Skipper's interest expense for the three months ended in Dec. 2024 was ₹ -497 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-1,838 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. Skipper's Operating Income for the three months ended in Dec. 2024 was ₹ 943 Mil. Skipper's Interest Expense for the three months ended in Dec. 2024 was ₹ -497 Mil. Skipper's Interest Coverage for the quarter that ended in Dec. 2024 was 1.90. 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.

Skipper Interest Expense Historical Data

The historical data trend for Skipper'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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Skipper Interest Expense Chart

Skipper Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-750.70

-598.92

-766.74

-833.52

-1,297.77

Skipper Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-394.76	-273.14	-512.46	-554.80	-497.27

Skipper 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,838 Mil.

Skipper (NSE:SKIPPER) 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.

Skipper's Interest Expense for the three months ended in Dec. 2024 was ₹-497 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹943 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Skipper's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	942.59	/	-497.27
	=	1.90

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

Skipper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Skipper Ltd (NSE:SKIPPER) » Definitions » Interest Expense

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538562:India

Address

3A, Loudon Street, 1st Floor, Kolkata, WB, IND, 700017

Website

https://www.skipperlimited.com

Skipper Ltd is a manufacturer of transmission and distribution structures (towers and poles) and PVC Pipes and Fittings. It operates through Engineering Products, Infrastructure Projects, and Polymer Products segments. Business activity functions through India but it also exports its product to South America, Europe, Africa, the Middle East, South and Southeast Asia, and Australia. Skipper derives the majority of revenue through the Engineering Products segment which offers power transmission towers, power distribution poles, transmission line monopoles, fasteners, and others. Geographically, the company derives a majority of its revenue from India.

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