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Southern Petrochemicals Industries (NSE:SPIC) Interest Expense : ₹-550 Mil (TTM As of Mar. 2025)


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What is Southern Petrochemicals Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southern Petrochemicals Industries's interest expense for the three months ended in Mar. 2025 was ₹ -120 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-550 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. Southern Petrochemicals Industries's Operating Income for the three months ended in Mar. 2025 was ₹ 271 Mil. Southern Petrochemicals Industries's Interest Expense for the three months ended in Mar. 2025 was ₹ -120 Mil. Southern Petrochemicals Industries's Interest Coverage for the quarter that ended in Mar. 2025 was 2.26. 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.


Southern Petrochemicals Industries Interest Expense Historical Data

The historical data trend for Southern Petrochemicals 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.

* Premium members only.

Southern Petrochemicals Industries Interest Expense Chart

Southern Petrochemicals Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -126.42 -128.46 -309.30 -379.80 -550.40

Southern Petrochemicals Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -122.30 -119.20 -105.30 -206.00 -119.90

Southern Petrochemicals Industries 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-550 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.


Southern Petrochemicals Industries  (NSE:SPIC) 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.

Southern Petrochemicals Industries's Interest Expense for the three months ended in Mar. 2025 was ₹-120 Mil. Its Operating Income for the three months ended in Mar. 2025 was ₹271 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ₹1,471 Mil.

Southern Petrochemicals Industries's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*270.7/-119.9
=2.26

* 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.


Southern Petrochemicals Industries Business Description

Traded in Other Exchanges
Address
Number 88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600 032
Southern Petrochemicals Industries Corp Ltd is a fertilizer manufacturing company. It is engaged in the manufacture and sale of Urea. The company produces fertilizers to improve soil consistency and efficiency for the agricultural sector. It offers products like chemical fertilizers, water-soluble fertilizers, organic fertilizers, micronutrients, plant growth regulators, and industrial products. The company earns revenue primarily from the sale of Urea.

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