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SBC Exports (BOM:542725) Interest Expense : ₹-59 Mil (TTM As of Mar. 2024)


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What is SBC Exports Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SBC Exports's interest expense for the three months ended in Mar. 2024 was ₹ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-59 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. SBC Exports's Operating Income for the three months ended in Mar. 2024 was ₹ 35 Mil. SBC Exports's Interest Expense for the three months ended in Mar. 2024 was ₹ -19 Mil. SBC Exports's Interest Coverage for the quarter that ended in Mar. 2024 was 1.83. 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.


SBC Exports Interest Expense Historical Data

The historical data trend for SBC Exports'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.

SBC Exports Interest Expense Chart

SBC Exports Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -10.11 -13.45 -15.15 -22.93 -59.25

SBC Exports Quarterly Data
Sep18 Dec18 Mar19 Sep19 Mar20 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 -7.91 -11.65 -13.98 -14.55 -19.07

SBC Exports 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 ₹-59 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.


SBC Exports  (BOM:542725) 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.

SBC Exports's Interest Expense for the three months ended in Mar. 2024 was ₹-19 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹249 Mil.

SBC Exports'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*34.943/-19.072
=1.83

* 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.


SBC Exports (BOM:542725) Business Description

Traded in Other Exchanges
Address
49/95 Site-IV Sahibabad Industrial Area, Ghaziabad, UP, IND, 201010
SBC Exports Ltd is engaged in the Trading of handmade carpets, cushion covers, cotton quilts, bedspreads, and others. To diversify the business, the group expanded business activities in Information Technology, Manpower Supply Services, and Tour and Travels Services. It also added services like IT Solutions, E-Governances Services, Web/Software Developments, Scanning and Digitization, System Integration, and others. Its segment comprises of Garment Manufacturing and Trading; IT and Manpower Supply; and Tour and Travelling Operator.

SBC Exports (BOM:542725) Headlines

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