GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Standard Industries Ltd (NSE:SIL) » Definitions » Interest Expense

Standard Industries (NSE:SIL) Interest Expense : ₹-23.0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Standard Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Standard Industries's interest expense for the three months ended in Mar. 2024 was ₹ -7.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-23.0 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. Standard Industries's Operating Income for the three months ended in Mar. 2024 was ₹ -33.6 Mil. Standard Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -7.1 Mil. Standard Industries did not have earnings to cover the interest expense. 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.

Standard Industries Interest Expense Historical Data

The historical data trend for Standard Industries'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.

Standard Industries Interest Expense Chart

Standard Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -145.98 -133.12 -36.13 -64.85 -31.20

Standard Industries 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 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 -34.58 -8.06 -8.04 -7.83 -7.12

Standard Industries 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 ₹-23.0 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.

Standard Industries  (NSE:SIL) 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.

Standard Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-7.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-33.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹210.6 Mil.

Standard Industries's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Standard Industries did not have earnings to cover the interest expense.

* 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.

Standard Industries (NSE:SIL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Standard Industries Ltd (NSE:SIL) » Definitions » Interest Expense
Comparable Companies
BOM:514010 BOM:509692 BOM:514300 NSE:SWARAJ BOM:590056 NSE:MHHL BOM:512038 BOM:530331 BOM:533638 BOM:539979 HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN
Traded in Other Exchanges
530017:India
Address
57A, Dr. G. Deshmukh Marg, Vijyalaxmi Mafatlal Centre, Mumbai, MH, IND, 400 026
Website
http://www.standardindustries.co
Standard Industries Ltd is an investment holding company. The company's operating segment includes Property and Trading. It generates maximum revenue from the Trading division segment. The company offers products such as Cotton towels, Bed sheets, Interlining Fabric, Cotton and blended dhoti, Cotton/PC blended and poly-viscose suiting, PC Poplins and shirtings, Rubia, Rubia in cotton as well as PC Blended and Punjabi suits.