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Supreme Power Equipment (NSE:SUPREMEPWR) Interest Expense : ₹-20 Mil (TTM As of Dec. 2024)


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What is Supreme Power Equipment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Supreme Power Equipment's interest expense for the three months ended in Dec. 2024 was ₹ -7 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. Supreme Power Equipment's Operating Income for the three months ended in Dec. 2024 was ₹ 29 Mil. Supreme Power Equipment's Interest Expense for the three months ended in Dec. 2024 was ₹ -7 Mil. Supreme Power Equipment's Interest Coverage for the quarter that ended in Dec. 2024 was 4.29. 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.


Supreme Power Equipment Interest Expense Historical Data

The historical data trend for Supreme Power Equipment'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.

Supreme Power Equipment Interest Expense Chart

Supreme Power Equipment Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-17.16 -23.30 -23.60 -17.20

Supreme Power Equipment Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.43 3.57 -9.60 -7.48 -6.86

Supreme Power Equipment 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.


Supreme Power Equipment  (NSE:SUPREMEPWR) 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.

Supreme Power Equipment's Interest Expense for the three months ended in Dec. 2024 was ₹-7 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Supreme Power Equipment'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*29.44/-6.855
=4.29

* 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.


Supreme Power Equipment Business Description

Traded in Other Exchanges
N/A
Address
No. 55, SIDCO Industrial Estates, Thirumazhisai Thirumush, Tiruvallur, Poonamallee, Chennai, TN, IND, 600124
Supreme Power Equipment Ltd is engaged in the areas of manufacturing, up-gradation, and refurbishment of transformers ranging from Power Transformer, Generator Transformer, Windmill Transformer, Distribution Transformer, Isolation Transformer, Solar Transformer, Energy Efficient Transformer, Converter and Rectifier Transformer. The company generates the majority of its revenue from the sale of goods.

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