Sah Polymers (BOM:543743) Interest Expense : ₹-33 Mil (TTM As of Mar. 2024)

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What is Sah Polymers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sah Polymers's interest expense for the three months ended in Mar. 2024 was ₹ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-33 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. Sah Polymers's Operating Income for the three months ended in Mar. 2024 was ₹ 6 Mil. Sah Polymers's Interest Expense for the three months ended in Mar. 2024 was ₹ -8 Mil. Sah Polymers's Interest Coverage for the quarter that ended in Mar. 2024 was 0.70. 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.

Sah Polymers Interest Expense Historical Data

The historical data trend for Sah Polymers'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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Sah Polymers Interest Expense Chart

Sah Polymers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-11.14

-8.23

-12.35

-22.21

-32.59

Sah Polymers Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-7.23	-7.87	-7.48	-9.28	-7.97

Sah Polymers 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 ₹-33 Mil.

Sah Polymers (BOM:543743) 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.

Sah Polymers's Interest Expense for the three months ended in Mar. 2024 was ₹-8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹71 Mil.

Sah Polymers'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	*	5.612	/	-7.967
	=	0.70

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

Sah Polymers (BOM:543743) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sah Polymers Ltd (BOM:543743) » Definitions » Interest Expense

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SAH:India

Address

E-260-261 Mewar Industrial Area, Opp UCCI, Madri, Udaipur, RJ, IND, 313003

Website

https://www.sahpolymers.com

Sah Polymers Ltd is engaged in manufacturing and selling Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/LLDPE/PP woven fabrics, and woven polymers. It offers customized bulk packaging solutions to business-to-business manufacturers catering to different industries such as agro pesticides industry, basic drug industry, cement industry, cattle feed industry, chemical industry, metal industry, food products industry, textile industry, fertilizer industry, tyre Industry, and many more.

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