Shri Ram Switchgears (NSE:SRIRAM) Interest Expense: ₹-31.52 Mil (TTM As of Mar. 2023)

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NSE:SRIRAM Shri Ram Switchgears Ltd NSE:SRIRAM
4 GF Score
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What is Shri Ram Switchgears Interest Expense?

Shri Ram Switchgears NSE:SRIRAM 4 Interest Expense is ₹-31.52 Mil as of Mar. 2023. GuruFocus rates NSE:SRIRAM with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shri Ram Switchgears's interest expense for the six months ended in Mar. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-31.52 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. Shri Ram Switchgears's Operating Income for the six months ended in Mar. 2023 was ₹ 0.00 Mil. Shri Ram Switchgears's Interest Expense for the six months ended in Mar. 2023 was ₹ 0.00 Mil. GuruFocus does not calculate Shri Ram Switchgears'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.

Shri Ram Switchgears  (NSE:SRIRAM) 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.

Shri Ram Switchgears's Interest Expense for the six months ended in Mar. 2023 was ₹0.00 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹425.78 Mil.

Shri Ram Switchgears's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

GuruFocus does not calculate Shri Ram Switchgears'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.

Shri Ram Switchgears Interest Expense Historical Data

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The historical data trend for Shri Ram Switchgears'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.

Shri Ram Switchgears Interest Expense Chart

Shri Ram Switchgears Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.38 -58.96 -60.54 -31.52 -22.71

Shri Ram Switchgears Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 -24.41 -36.13 -15.04 -16.48 0.00
NSE:SRIRAM
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Shri Ram Switchgears Ltd NSE:SRIRAM
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Shri Ram Switchgears 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-31.52 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 ₹-31.52 Mil mean?
Shri Ram Switchgears (NSE:SRIRAM) has a Interest Expense of ₹-31.52 Mil as of Mar. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Shri Ram Switchgears and its competitors.
Is Shri Ram Switchgears' Interest Expense too high?
Shri Ram Switchgears' current Interest Expense is ₹-31.52 Mil. Overall, Shri Ram Switchgears has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Shri Ram Switchgears' Interest Expense compare to competitors?
Shri Ram Switchgears' Interest Expense of ₹-31.52 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 Shri Ram Switchgears and its competitors. Shri Ram Switchgears's current Interest Expense is ₹-31.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Ram Switchgears stock overvalued right now?
Shri Ram Switchgears (NSE:SRIRAM) has a current Interest Expense of ₹-31.52 Mil. The current Interest Expense is ₹-31.52 Mil. Shri Ram Switchgears' 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 Shri Ram Switchgears (NSE:SRIRAM), the current Interest Expense is ₹-31.52 Mil as of Mar. 2023. 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.

Shri Ram Switchgears Business Description

Address Goushala Road, Shri Ram Bhawan, Ratlam, MP, IND, 457001
Shri Ram Switchgears Ltd is an India-based company that engages in the manufacture and supply of switchgear, distributor boxes, metering boxes, feeder pillars Panels, Low Tension/ High Tension Line materials required in power distribution system utilities. The company also provides control and relay panels, air circuit breaker boxes, single phase boxes, main circuit breaker and molded case circuit breaker panels, A.C./D.C. boards, and other related products.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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