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Saraswatiree Depot (NSE:SSDL) Interest Expense : ₹-20 Mil (TTM As of Dec. 2024)


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What is Saraswatiree Depot Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saraswatiree Depot's interest expense for the three months ended in Dec. 2024 was ₹ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-20 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. Saraswatiree Depot's Operating Income for the three months ended in Dec. 2024 was ₹ 99 Mil. Saraswatiree Depot's Interest Expense for the three months ended in Dec. 2024 was ₹ -10 Mil. Saraswatiree Depot's Interest Coverage for the quarter that ended in Dec. 2024 was 10.39. 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.


Saraswatiree Depot Interest Expense Historical Data

The historical data trend for Saraswatiree Depot'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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Saraswatiree Depot Interest Expense Chart

Saraswatiree Depot Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
- -45.11 -38.52 -25.07

Saraswatiree Depot Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial -6.27 -6.37 -6.79 -3.95 -9.52

Saraswatiree Depot 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 ₹-20 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.


Saraswatiree Depot  (NSE:SSDL) 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.

Saraswatiree Depot's Interest Expense for the three months ended in Dec. 2024 was ₹-10 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Saraswatiree Depot'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*98.92/-9.52
=10.39

* 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.


Saraswatiree Depot Business Description

Traded in Other Exchanges
Address
Gandhinagar Road, Sr No.144/1 Manademala, Near Tawade Hotel, Uchagaon, Kolhapur, MH, IND, 416005
Saraswati Saree Depot Ltd is a key player in the sarees wholesale (B2B) segment. It is also engaged in the wholesale business of other women's apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.

Saraswatiree Depot Headlines

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