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State Trading of India (BOM:512531) Interest Expense : ₹-19.36 Mil (TTM As of Mar. 2024)


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What is State Trading of India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. State Trading of India's interest expense for the three months ended in Mar. 2024 was ₹ -19.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-19.36 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. State Trading of India's Operating Income for the three months ended in Mar. 2024 was ₹ -124.08 Mil. State Trading of India's Interest Expense for the three months ended in Mar. 2024 was ₹ -19.36 Mil. State Trading of India 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.

State Trading of India Interest Expense Historical Data

The historical data trend for State Trading of India'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.

State Trading of India Interest Expense Chart

State Trading of India 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 -72.70 -19.56 -19.37 -19.39 -19.36

State Trading of India 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 -19.39 - - - -19.36

State Trading of India 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 ₹-19.36 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.

State Trading of India  (BOM:512531) 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.

State Trading of India's Interest Expense for the three months ended in Mar. 2024 was ₹-19.36 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-124.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.00 Mil.

State Trading of India's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

State Trading of India 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.

State Trading of India (BOM:512531) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » State Trading Corp of India Ltd (BOM:512531) » Definitions » Interest Expense
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Traded in Other Exchanges
STCINDIA:India
Address
Tolstoy Marg, Jawahar Vyapar Bhawan, New Delhi, IND, 110 001
Website
http://www.stclimited.co.in
State Trading Corp of India Ltd is an India-based company. It has identified its operating segments as Exports, Imports, and Domestic. The company also undertakes import and export of bulk commodities such as rice, wheat, sugar, pulses, edible oils, fertilizers, coal, and bullion, among others; and import of mass consumption items like wheat, sugar, and pulses, among others. Geographically all the business activity is primarily functioned through the region of India and derives the majority of revenue from the imports segment.

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