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M K Proteins (NSE:MKPL) Interest Expense : ₹-11 Mil (TTM As of Mar. 2024)


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What is M K Proteins Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M K Proteins's interest expense for the six months ended in Mar. 2024 was ₹ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-11 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. M K Proteins's Operating Income for the six months ended in Mar. 2024 was ₹ 161 Mil. M K Proteins's Interest Expense for the six months ended in Mar. 2024 was ₹ -11 Mil. M K Proteins's Interest Coverage for the quarter that ended in Mar. 2024 was 15.11. 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.


M K Proteins Interest Expense Historical Data

The historical data trend for M K Proteins'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.

M K Proteins Interest Expense Chart

M K Proteins Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.92 -7.50 -8.33 -18.42 -10.65

M K Proteins Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -14.92 -7.50 -8.33 -18.42 -10.65

M K Proteins Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-11 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.


M K Proteins  (NSE:MKPL) 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.

M K Proteins's Interest Expense for the six months ended in Mar. 2024 was ₹-11 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹161 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹10 Mil.

M K Proteins'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*160.88/-10.649
=15.11

* 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.


M K Proteins (NSE:MKPL) Business Description

Traded in Other Exchanges
Address
Naraingarh Road, Village Garnala, Ambala, HR, IND, 134003
M K Proteins Ltd is engaged in the manufacturing and trading of vegetable refined oil and by-products like Rice Bran Fatty, Wax, Gums, and Spent among others. The company is also engaged in trading of various products including Rice Bran Oil and other items.

M K Proteins (NSE:MKPL) Headlines

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