SVUHF (SRIVARU Holding) Interest Expense : $ Mil (TTM As of Mar. 2024)

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What is SRIVARU Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SRIVARU Holding's interest expense for the six months ended in Mar. 2024 was $ -0.06 Mil. SRIVARU Holding does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2024.

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. SRIVARU Holding's Operating Income for the six months ended in Mar. 2024 was $ -11.40 Mil. SRIVARU Holding's Interest Expense for the six months ended in Mar. 2024 was $ -0.06 Mil. SRIVARU Holding did not have earnings to cover the interest expense. 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.

SRIVARU Holding Interest Expense Historical Data

The historical data trend for SRIVARU Holding'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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SRIVARU Holding Interest Expense Chart

SRIVARU Holding Annual Data

Trend

Mar22

Mar23

Mar24

Interest Expense

-0.06

SRIVARU Holding Semi-Annual Data
	Mar22	Mar23	Mar24
Interest Expense	-	-0.06	-0.06

SRIVARU Holding Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

SRIVARU Holding (OTCPK:SVUHF) 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.

SRIVARU Holding's Interest Expense for the six months ended in Mar. 2024 was $-0.06 Mil. Its Operating Income for the six months ended in Mar. 2024 was $-11.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was $0.00 Mil.

SRIVARU Holding's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

SRIVARU Holding did not have earnings to cover the interest expense.

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

SRIVARU Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SRIVARU Holding Ltd (OTCPK:SVUHF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Bay Road, P.O. Box 10655, 2nd floor, Regatta Office park, Grand Cayman, CYM, KY1-1106

Website

https://www.svmh.ai

SRIVARU Holding Ltd focuses to revolutionize two-wheeled vehicles (TWV) by developing products powered by renewable energy, which are assured for safety, performance, and comfort, thereby providing safe riding experience to its customers. It operates in one reportable segment which is vehicle manufacturing. SVH's first product line, the Prana, is a E2W vehicle that is redefining the category. SVH has commenced engineering and design work for the Prana-Elite that is expected to leverage the same platform as the Prana-Grand, while upgrading its range.