Siddhika Coatings (NSE:SIDDHIKA) Interest Expense : ₹-0.1 Mil (TTM As of Mar. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Siddhika Coatings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Siddhika Coatings's interest expense for the six months ended in Mar. 2022 was ₹ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was ₹-0.1 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. Siddhika Coatings's Operating Income for the six months ended in Mar. 2022 was ₹ 13.8 Mil. Siddhika Coatings's Interest Expense for the six months ended in Mar. 2022 was ₹ -0.0 Mil. Siddhika Coatings's Interest Coverage for the quarter that ended in Mar. 2022 was 6,908.00. 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.

Siddhika Coatings Interest Expense Historical Data

The historical data trend for Siddhika Coatings'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.

Siddhika Coatings Interest Expense Chart

Siddhika Coatings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-0.50

-0.01

-0.12

-0.07

-0.55

Siddhika Coatings Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
Interest Expense	Get a 7-Day Free Trial			-0.09	-0.02	-0.07	-	-

Siddhika Coatings 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.1 Mil.

Siddhika Coatings (NSE:SIDDHIKA) 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.

Siddhika Coatings's Interest Expense for the six months ended in Mar. 2022 was ₹-0.0 Mil. Its Operating Income for the six months ended in Mar. 2022 was ₹13.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2022 was ₹2.8 Mil.

Siddhika Coatings's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2022 )	/	Interest Expense (Q: Mar. 2022 )
	=	-1	*	13.816	/	-0.002
	=	6,908.00

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

Siddhika Coatings (NSE:SIDDHIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Siddhika Coatings Ltd (NSE:SIDDHIKA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

L-9, Lower Ground Floor Kalkaj, South Delhi, New Delhi, IND, 110019

Website

https://www.siddhika.com

Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. The paints industry is mainly divided into two segments Decorative and Industrial. The decorative segment accounts for a portion of the paint industry's value, around 75%, and the industrial segment accounts for the rest 25% of the industry's value.

Siddhika Coatings (NSE:SIDDHIKA) Headlines

No Headlines