Rural Microfinance Development Centre (XNEP:RMDC) Interest Expense : NPR-972.9 Mil (TTM As of Apr. 2023)

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What is Rural Microfinance Development Centre Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rural Microfinance Development Centre's interest expense for the three months ended in Apr. 2023 was NPR -253.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2023 was NPR-972.9 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. Rural Microfinance Development Centre's Operating Income for the three months ended in Apr. 2023 was NPR Mil. Rural Microfinance Development Centre's Interest Expense for the three months ended in Apr. 2023 was NPR Mil. 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.

Rural Microfinance Development Centre Interest Expense Historical Data

The historical data trend for Rural Microfinance Development Centre'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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Rural Microfinance Development Centre Interest Expense Chart

Rural Microfinance Development Centre Annual Data

Trend

Jul13

Jul14

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Jul19

Jul20

Jul21

Jul22

Interest Expense

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-412.26

-550.08

-639.83

-394.41

-769.39

Rural Microfinance Development Centre Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Interest Expense	Get a 7-Day Free Trial															-200.53	-240.29	-242.15	-237.31	-253.19

Rural Microfinance Development Centre 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 Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR-972.9 Mil.

Rural Microfinance Development Centre Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Rural Microfinance Development Centre Ltd (XNEP:RMDC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Putalisadak, P.O.Box: 20789, Kathmandu, NPL

Website

https://www.rmdcnepal.com

Rural Microfinance Development Centre Ltd offers wholesale lending to microfinance institutions. Besides, it has been extending institutional capacity building supports to microfinance institutions. The company's completed projects include Rural Microfinance Project and Community Livestock Development Project (CLDP). Its ongoing include Community Irrigation Project and YUWAccess Project.

Rural Microfinance Development Centre Headlines

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