Saint-Gobain Sekurit India (BOM:515043) Interest Expense : ₹-4 Mil (TTM As of Mar. 2024)

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What is Saint-Gobain Sekurit India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saint-Gobain Sekurit India's interest expense for the three months ended in Mar. 2024 was ₹ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-4 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. Saint-Gobain Sekurit India's Operating Income for the three months ended in Mar. 2024 was ₹ 80 Mil. Saint-Gobain Sekurit India's Interest Expense for the three months ended in Mar. 2024 was ₹ -1 Mil. Saint-Gobain Sekurit India's Interest Coverage for the quarter that ended in Mar. 2024 was 62.85. 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.

Saint-Gobain Sekurit India Interest Expense Historical Data

The historical data trend for Saint-Gobain Sekurit 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.

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Saint-Gobain Sekurit India Interest Expense Chart

Saint-Gobain Sekurit India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.87

-1.05

-3.84

-4.02

-4.90

Saint-Gobain Sekurit India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.26	-1.17	-1.20	-1.36	-1.27

Saint-Gobain Sekurit 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 ₹-4 Mil.

Saint-Gobain Sekurit India (BOM:515043) 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.

Saint-Gobain Sekurit India's Interest Expense for the three months ended in Mar. 2024 was ₹-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2 Mil.

Saint-Gobain Sekurit India'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	*	79.567	/	-1.266
	=	62.85

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Saint-Gobain Sekurit India Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Saint-Gobain Sekurit India (BOM:515043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Saint-Gobain Sekurit India Ltd (BOM:515043) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Pune-Nashik Road, Plot No. 616 and 617, Chakan, Village Kuruli, Pune, MH, IND, 410 501

Website

https://www.sekuritindia.com

Saint-Gobain Sekurit India Ltd is engaged in the manufacture and sale of automotive glass. The company is in the business of processing glasses to manufacture windshields, door glasses, and backlites. Geographically, it operates only in India. It generates revenue from the sale of Laminated Safety Glass and Tempered Glass. The company offers a range of windshields, tempered glasses and tempered backlites for passenger cars, utility vehicles, commercial vehicles, and three wheelers.

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