Shanthala FMCG Products (NSE:SHANTHALA) Interest Expense : ₹ Mil (TTM As of Mar. 2023)

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What is Shanthala FMCG Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanthala FMCG Products's interest expense for the six months ended in Mar. 2023 was ₹ -3.9 Mil. Shanthala FMCG Products does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2023.

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. Shanthala FMCG Products's Operating Income for the six months ended in Mar. 2023 was ₹ 4.2 Mil. Shanthala FMCG Products's Interest Expense for the six months ended in Mar. 2023 was ₹ -3.9 Mil. Shanthala FMCG Products's Interest Coverage for the quarter that ended in Mar. 2023 was 1.06. 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.

Shanthala FMCG Products Interest Expense Historical Data

The historical data trend for Shanthala FMCG Products'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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Shanthala FMCG Products Interest Expense Chart

Shanthala FMCG Products Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-3.89

-3.90

-3.93

Shanthala FMCG Products Semi-Annual Data
	Mar21	Mar22	Mar23
Interest Expense	-3.89	-3.90	-3.93

Shanthala FMCG Products Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Shanthala FMCG Products (NSE:SHANTHALA) 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.

Shanthala FMCG Products's Interest Expense for the six months ended in Mar. 2023 was ₹-3.9 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹4.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹16.9 Mil.

Shanthala FMCG Products's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2023 )	/	Interest Expense (Q: Mar. 2023 )
	=	-1	*	4.164	/	-3.929
	=	1.06

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

Shanthala FMCG Products (NSE:SHANTHALA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanthala FMCG Products Ltd (NSE:SHANTHALA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gandhinagr Bye Pass Road, 7th Block, Kodagu, Virajpet, KA, IND, 571218

Website

https://www.shanthalafmcg.com

Shanthala FMCG Products Ltd is an FMCG product distributor for large-size FMCG Companies in India for whom It distributes Branded packaged foods, Personal care products, Education & stationery products, Matches & Agarbatti and tobacco products. It is also a distributor for one of the largest FMCG MNC Company in India. It distributes branded Beauty & wellbeing, Nutrition, Personal care & Home care products for them.

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