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Shree Pushkar Chemicals & Fertilisers (NSE:SHREEPUSHK) Interest Expense : ₹-16 Mil (TTM As of Mar. 2024)


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What is Shree Pushkar Chemicals & Fertilisers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shree Pushkar Chemicals & Fertilisers's interest expense for the three months ended in Mar. 2024 was ₹ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-16 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. Shree Pushkar Chemicals & Fertilisers's Operating Income for the three months ended in Mar. 2024 was ₹ 135 Mil. Shree Pushkar Chemicals & Fertilisers's Interest Expense for the three months ended in Mar. 2024 was ₹ -2 Mil. Shree Pushkar Chemicals & Fertilisers's Interest Coverage for the quarter that ended in Mar. 2024 was 60.35. 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.


Shree Pushkar Chemicals & Fertilisers Interest Expense Historical Data

The historical data trend for Shree Pushkar Chemicals & Fertilisers'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.

Shree Pushkar Chemicals & Fertilisers Interest Expense Chart

Shree Pushkar Chemicals & Fertilisers 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 -15.59 -9.20 -11.76 -22.13 -15.62

Shree Pushkar Chemicals & Fertilisers 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 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 -9.59 -4.97 -2.28 -6.15 -2.23

Shree Pushkar Chemicals & Fertilisers 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 ₹-16 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.


Shree Pushkar Chemicals & Fertilisers  (NSE:SHREEPUSHK) 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.

Shree Pushkar Chemicals & Fertilisers's Interest Expense for the three months ended in Mar. 2024 was ₹-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹135 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹4 Mil.

Shree Pushkar Chemicals & Fertilisers'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*134.526/-2.229
=60.35

* 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.


Shree Pushkar Chemicals & Fertilisers (NSE:SHREEPUSHK) Business Description

Traded in Other Exchanges
Address
Sonawala Road, Office No. 301-302, 3rd Floor, Atlanta Center, Near Udyog Bhavan, Goregaon (East), Mumbai, MH, IND, 400063
Shree Pushkar Chemicals & Fertilisers Ltd is an India-based company that operates in the chemical business. It is involved in the manufacturing and trading of chemicals, dyes, and dyes intermediate, cattle feeds, fertilizers, and soil conditioners. It supplies its products to dye producers and merchant traders directly, as well as through dealers. It caters to the widest range of customers from the smallest of farmers to multinationals.

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