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Spandana Sphoorty Financial (NSE:SPANDANA) Interest Expense : ₹0 Mil (TTM As of Dec. 2024)


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What is Spandana Sphoorty Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spandana Sphoorty Financial's interest expense for the three months ended in Dec. 2024 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹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. Spandana Sphoorty Financial's Operating Income for the three months ended in Dec. 2024 was ₹ 88 Mil. Spandana Sphoorty Financial's Interest Expense for the three months ended in Dec. 2024 was ₹ 0 Mil. Spandana Sphoorty Financial has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Spandana Sphoorty Financial Interest Expense Historical Data

The historical data trend for Spandana Sphoorty Financial'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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Spandana Sphoorty Financial Interest Expense Chart

Spandana Sphoorty Financial Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.25 -180.68 -89.66 -9.80 -13.10

Spandana Sphoorty Financial 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 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 - - - - -

Spandana Sphoorty Financial 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 ₹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.


Spandana Sphoorty Financial  (NSE:SPANDANA) 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.

Spandana Sphoorty Financial's Interest Expense for the three months ended in Dec. 2024 was ₹0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

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

Spandana Sphoorty Financial had no long-term debt (1).

* 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.


Spandana Sphoorty Financial Business Description

Traded in Other Exchanges
Address
Galaxy, Wing B, 16th Floor, Plot No.1, Sy No 83/1, TSIIC, Raidurg Panmaktha, Hyderabad Knowledge City, TG, IND, 500081
Spandana Sphoorty Financial Ltd is a rural-focused non-banking financial company with a geographically diversified presence in India. It offers income generation loans under the joint liability group model, predominantly to women from low-income households in rural areas. Further, it also offers, Gold loans, Interim loans, Loan against Property, and others. It has a single business segment which is financing. The company operates in India and generates key revenue from giving loans.

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