Mozaffar Hossain Spinning Mills (DHA:MHSML) Interest Expense : BDT-346 Mil (TTM As of Mar. 2024)

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What is Mozaffar Hossain Spinning Mills Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mozaffar Hossain Spinning Mills's interest expense for the three months ended in Mar. 2024 was BDT -69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was BDT-346 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. Mozaffar Hossain Spinning Mills's Operating Income for the three months ended in Mar. 2024 was BDT 104 Mil. Mozaffar Hossain Spinning Mills's Interest Expense for the three months ended in Mar. 2024 was BDT -69 Mil. Mozaffar Hossain Spinning Mills's Interest Coverage for the quarter that ended in Mar. 2024 was 1.50. 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.

Mozaffar Hossain Spinning Mills Interest Expense Historical Data

The historical data trend for Mozaffar Hossain Spinning Mills'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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Mozaffar Hossain Spinning Mills Interest Expense Chart

Mozaffar Hossain Spinning Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-96.45

-85.48

-147.91

-238.99

-303.39

Mozaffar Hossain Spinning Mills 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															-66.93	-132.67	-73.44	-70.25	-69.19

Mozaffar Hossain Spinning Mills 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 BDT-346 Mil.

Mozaffar Hossain Spinning Mills (DHA:MHSML) 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.

Mozaffar Hossain Spinning Mills's Interest Expense for the three months ended in Mar. 2024 was BDT-69 Mil. Its Operating Income for the three months ended in Mar. 2024 was BDT104 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was BDT1,902 Mil.

Mozaffar Hossain Spinning Mills'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	*	103.549	/	-69.185
	=	1.50

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

Mozaffar Hossain Spinning Mills (DHA:MHSML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mozaffar Hossain Spinning Mills Ltd (DHA:MHSML) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

House No. 315, Road No. 04, DOHS, Baridhara, Dhaka, BGD, 1206

Website

https://www.simgroup-bd.com

Mozaffar Hossain Spinning Mills Ltd is a manufacturer and seller of woven fabrics and cotton yarn. The products of the company are sold at domestic market as deemed exporter delivered to the export oriented companies.

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