SMS Lifesciences India (BOM:540679) Interest Expense : ₹-102 Mil (TTM As of Mar. 2024)

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What is SMS Lifesciences India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SMS Lifesciences India's interest expense for the three months ended in Mar. 2024 was ₹ -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-102 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. SMS Lifesciences India's Operating Income for the three months ended in Mar. 2024 was ₹ 76 Mil. SMS Lifesciences India's Interest Expense for the three months ended in Mar. 2024 was ₹ -28 Mil. SMS Lifesciences India's Interest Coverage for the quarter that ended in Mar. 2024 was 2.67. 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.

SMS Lifesciences India Interest Expense Historical Data

The historical data trend for SMS Lifesciences 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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SMS Lifesciences India Interest Expense Chart

SMS Lifesciences India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-45.50

-41.56

-57.00

-67.95

-101.57

SMS Lifesciences 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															-18.02	-21.76	-28.06	-23.38	-28.37

SMS Lifesciences 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 ₹-102 Mil.

SMS Lifesciences India (BOM:540679) 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.

SMS Lifesciences India's Interest Expense for the three months ended in Mar. 2024 was ₹-28 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹355 Mil.

SMS Lifesciences 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	*	75.769	/	-28.371
	=	2.67

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

SMS Lifesciences India (BOM:540679) Business Description

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SMSLIFE:India

Address

Road Number 71, Plot Number 19 - III, Opposite Bharatiya Vidya Bhavan Public School, Jubilee Hills, Hyderabad, TG, IND, 500096

Website

https://www.smslife.in

SMS Lifesciences India Ltd is engaged in the Business of manufacturing of Active Pharmaceutical Ingredients (APIs) and its intermediates and sells its products in India as well as exports. The group sells its products in India and also exports it to other countries. Some of its API products are used in therapy as an Antiulcer, Antifungal, and Erectile Dysfunction.

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