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PT Mandala Multifinance Tbk (ISX:MFIN) Interest Expense : Rp-110,230 Mil (TTM As of Mar. 2024)


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What is PT Mandala Multifinance Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Mandala Multifinance Tbk's interest expense for the three months ended in Mar. 2024 was Rp -26,625 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-110,230 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. PT Mandala Multifinance Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 156,656 Mil. PT Mandala Multifinance Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -26,625 Mil. PT Mandala Multifinance Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 5.88. 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.


PT Mandala Multifinance Tbk Interest Expense Historical Data

The historical data trend for PT Mandala Multifinance Tbk'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.

PT Mandala Multifinance Tbk Interest Expense Chart

PT Mandala Multifinance Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54,735.00 -76,677.00 -96,896.00 -139,020.00 -110,344.00

PT Mandala Multifinance Tbk 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 -26,739.00 -27,614.00 -28,597.00 -27,394.00 -26,625.00

PT Mandala Multifinance Tbk 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 Rp-110,230 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.


PT Mandala Multifinance Tbk  (ISX:MFIN) 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.

PT Mandala Multifinance Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-26,625 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp156,656 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp694,343 Mil.

PT Mandala Multifinance Tbk'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*156656/-26625
=5.88

* 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.


PT Mandala Multifinance Tbk (ISX:MFIN) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Menteng Raya No. 24 AB, Central Jakarta, Jakarta Pusat, IDN, 10340
PT Mandala Multifinance Tbk is engaged in conducting business activities in consumer financing solutions for motorcycles, electronics, furniture, and multipurpose needs. Its segments of the company include Conventional and Sharia. Geographically, the company focuses its activities in Indonesia where the regions include Java, Sumatera, Sulawesi, and Kalimantan. It generates the majority of its revenue from the Conventional segment.

PT Mandala Multifinance Tbk (ISX:MFIN) Headlines