Upsurge Seeds of Agriculture (NSE:USASEEDS) Interest Expense : ₹-46 Mil (TTM As of Sep. 2024)

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What is Upsurge Seeds of Agriculture Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Upsurge Seeds of Agriculture's interest expense for the six months ended in Sep. 2024 was ₹ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-46 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. Upsurge Seeds of Agriculture's Operating Income for the six months ended in Sep. 2024 was ₹ 51 Mil. Upsurge Seeds of Agriculture's Interest Expense for the six months ended in Sep. 2024 was ₹ -23 Mil. Upsurge Seeds of Agriculture's Interest Coverage for the quarter that ended in Sep. 2024 was 2.19. 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.

Upsurge Seeds of Agriculture Interest Expense Historical Data

The historical data trend for Upsurge Seeds of Agriculture'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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Upsurge Seeds of Agriculture Interest Expense Chart

Upsurge Seeds of Agriculture Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-2.22

-3.32

-5.10

-18.99

-38.24

Upsurge Seeds of Agriculture Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial				-5.78	-13.22	-15.55	-22.69	-23.05

Upsurge Seeds of Agriculture 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-46 Mil.

Upsurge Seeds of Agriculture (NSE:USASEEDS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Upsurge Seeds of Agriculture's Interest Expense for the six months ended in Sep. 2024 was ₹-23 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹51 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹97 Mil.

Upsurge Seeds of Agriculture's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	50.585	/	-23.052
	=	2.19

The higher the ratio, the stronger the company's financial strength is.

Upsurge Seeds of Agriculture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Upsurge Seeds of Agriculture Ltd (NSE:USASEEDS) » Definitions » Interest Expense

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Address

Plot No. 17, Shreenathji Industrial Estate, National Highway 8-B, Kuvadva, Rajkot, GJ, IND, 360023

Website

https://www.usaseedslimited.com

Upsurge Seeds of Agriculture Ltd is a seeds manufacturing company engaged in the business of growing, developing, processing and marketing a variety of seeds for a range of field crops and vegetables. The company's product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek and others.

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