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JMI Syringes & Medical Devices (DHA:JMISMDL) Interest Expense : BDT-13 Mil (TTM As of Dec. 2023)


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What is JMI Syringes & Medical Devices Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JMI Syringes & Medical Devices's interest expense for the three months ended in Dec. 2023 was BDT -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was BDT-13 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. JMI Syringes & Medical Devices's Operating Income for the three months ended in Dec. 2023 was BDT 20 Mil. JMI Syringes & Medical Devices's Interest Expense for the three months ended in Dec. 2023 was BDT -2 Mil. JMI Syringes & Medical Devices's Interest Coverage for the quarter that ended in Dec. 2023 was 8.06. 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.


JMI Syringes & Medical Devices Interest Expense Historical Data

The historical data trend for JMI Syringes & Medical Devices'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.

JMI Syringes & Medical Devices Interest Expense Chart

JMI Syringes & Medical Devices Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -177.71 -4.95 -11.18 -13.18 -12.93

JMI Syringes & Medical Devices Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.65 -5.79 -2.99 -1.44 -2.50

JMI Syringes & Medical Devices 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-13 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.


JMI Syringes & Medical Devices  (DHA:JMISMDL) 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.

JMI Syringes & Medical Devices's Interest Expense for the three months ended in Dec. 2023 was BDT-2 Mil. Its Operating Income for the three months ended in Dec. 2023 was BDT20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was BDT1 Mil.

JMI Syringes & Medical Devices's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*20.108/-2.496
=8.06

* 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.


JMI Syringes & Medical Devices (DHA:JMISMDL) Business Description

Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.

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