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Sugal & Damani Share Brokers (BOM:511654) Interest Expense : ₹-5.83 Mil (TTM As of Mar. 2024)


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What is Sugal & Damani Share Brokers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sugal & Damani Share Brokers's interest expense for the three months ended in Mar. 2024 was ₹ -1.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5.83 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. Sugal & Damani Share Brokers's Operating Income for the three months ended in Mar. 2024 was ₹ 4.11 Mil. Sugal & Damani Share Brokers's Interest Expense for the three months ended in Mar. 2024 was ₹ -1.19 Mil. Sugal & Damani Share Brokers's Interest Coverage for the quarter that ended in Mar. 2024 was 3.46. 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.

Sugal & Damani Share Brokers Interest Expense Historical Data

The historical data trend for Sugal & Damani Share Brokers'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.

Sugal & Damani Share Brokers Interest Expense Chart

Sugal & Damani Share Brokers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.70 -3.28 - -0.09 -5.83

Sugal & Damani Share Brokers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.04 -1.24 -2.09 -1.32 -1.19

Sugal & Damani Share Brokers 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-5.83 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.

Sugal & Damani Share Brokers  (BOM:511654) 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.

Sugal & Damani Share Brokers's Interest Expense for the three months ended in Mar. 2024 was ₹-1.19 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹4.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

Sugal & Damani Share Brokers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*4.107/-1.187
=3.46

* 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.

Sugal & Damani Share Brokers (BOM:511654) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sugal & Damani Share Brokers Ltd (BOM:511654) » Definitions » Interest Expense
Comparable Companies
BOM:531203 BOM:531658 BOM:511377 BOM:530171 BOM:512097 BOM:538609 BOM:502893 BOM:539621 BOM:511501 BOM:530127 MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908
Traded in Other Exchanges
N/A
Address
No.7, Anna Salai, City Centre Plaza, 1st floor, Chennai, TN, IND, 600002
Website
https://www.sugalshare.com
Sugal & Damani Share Brokers Ltd provides share broking services in India. It engages in the brokerage and distribution of equities, commodities; and provision of Internet trading, depository, FPOs underwriting and broking, and other financial and advisory services. The Company operates only in one segment of business which is Share Broking. The company also provides brokerage and distribution of equities, commodity trading, equity and derivatives trading, depository services and online trading services.

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