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Marsons (BOM:517467) Interest Expense : ₹-1 Mil (TTM As of Dec. 2024)


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What is Marsons Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marsons's interest expense for the three months ended in Dec. 2024 was ₹ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-1 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. Marsons's Operating Income for the three months ended in Dec. 2024 was ₹ 40 Mil. Marsons's Interest Expense for the three months ended in Dec. 2024 was ₹ -0 Mil. Marsons's Interest Coverage for the quarter that ended in Dec. 2024 was 104.28. 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.


Marsons Interest Expense Historical Data

The historical data trend for Marsons'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.

Marsons Interest Expense Chart

Marsons Annual Data
Trend Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -31.61 -0.03

Marsons Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - -0.03 -0.31 -0.15 -0.38

Marsons 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1 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.


Marsons  (BOM:517467) 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.

Marsons's Interest Expense for the three months ended in Dec. 2024 was ₹-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Marsons's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*39.94/-0.383
=104.28

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Marsons Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Marsons Business Description

Traded in Other Exchanges
N/A
Address
Budge Budge Trunk Road, Marsons House, Maheshtala, Village Chakmir, Kolkata, WB, IND, 700142
Marsons Ltd is an Indian company engaged in the business of Manufacturing, Trading & Servicing of Transformer, Transformer Goods & Other Rental Income.. It manufactures Power and Distribution Transformers ranging from 10 KVA to 132KV Class Power Transformers, Furnace Transformer, Dry Type Transformers, and various types of special application Transformers.

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