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Sterling International Enterprises (BOM:508998) Interest Expense : ₹-250 Mil (TTM As of Jun. 2017)


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What is Sterling International Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sterling International Enterprises's interest expense for the three months ended in Jun. 2017 was ₹ -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was ₹-250 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. Sterling International Enterprises's Operating Income for the three months ended in Jun. 2017 was ₹ -269 Mil. Sterling International Enterprises's Interest Expense for the three months ended in Jun. 2017 was ₹ -57 Mil. Sterling International Enterprises 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.


Sterling International Enterprises Interest Expense Historical Data

The historical data trend for Sterling International Enterprises'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.

Sterling International Enterprises Interest Expense Chart

Sterling International Enterprises Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Mar16 Mar17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -105.06 -141.44 -171.43 -142.16 -248.57

Sterling International Enterprises Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 Premium Member Only Premium Member Only Premium Member Only -55.88 -42.36 -57.50 -92.82 -57.05

Sterling International Enterprises 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-250 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.


Sterling International Enterprises  (BOM:508998) 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.

Sterling International Enterprises's Interest Expense for the three months ended in Jun. 2017 was ₹-57 Mil. Its Operating Income for the three months ended in Jun. 2017 was ₹-269 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was ₹0 Mil.

Sterling International Enterprises's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Sterling International Enterprises did not have earnings to cover the interest expense.

* 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.


Sterling International Enterprises (BOM:508998) Business Description

Traded in Other Exchanges
N/A
Address
43, Atlanta Building, Nariman Point, Mumbai, MH, IND, 400021
Sterling International Enterprises Ltd is engaged in providing oil & gas related services. The company's services include letting on the hire of oil rigs, services in seismic data interpretation and oil trading activities. Its operating segments consist of Information Technology and Oil related activities. Majority of the revenue is derived from the provision of services incidental to Onshore Oil Extraction.

Sterling International Enterprises (BOM:508998) Headlines

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