Maral Overseas (BOM:521018) Interest Expense : ₹-340 Mil (TTM As of Mar. 2024)

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What is Maral Overseas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maral Overseas's interest expense for the three months ended in Mar. 2024 was ₹ -79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-340 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. Maral Overseas's Operating Income for the three months ended in Mar. 2024 was ₹ 43 Mil. Maral Overseas's Interest Expense for the three months ended in Mar. 2024 was ₹ -79 Mil. Maral Overseas's Interest Coverage for the quarter that ended in Mar. 2024 was 0.55. 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.

Maral Overseas Interest Expense Historical Data

The historical data trend for Maral Overseas'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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Maral Overseas Interest Expense Chart

Maral Overseas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-143.12

-151.10

-197.02

-231.00

-339.50

Maral Overseas 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															-63.20	-77.30	-94.10	-88.80	-79.30

Maral Overseas 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 ₹-340 Mil.

Maral Overseas (BOM:521018) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Maral Overseas's Interest Expense for the three months ended in Mar. 2024 was ₹-79 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,025 Mil.

Maral Overseas'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	*	43.4	/	-79.3
	=	0.55

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Maral Overseas Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Maral Overseas (BOM:521018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Maral Overseas Ltd (BOM:521018) » Definitions » Interest Expense

Traded in Other Exchanges

MARALOVER:India

Address

Bhilwara Towers, A-12, Sector-1, NCR-Delhi, Noida, UP, IND, 201301

Website

https://www.maraloverseas.com

Maral Overseas Ltd is a textile manufacturing company. The business of the company is organized into the following product segments: Yarn, Fabric, and Textile Made-ups. It manufactures garments for various categories like Activewear, Casual wear, and Sleepwear for Mens and Ladies in Conventional and Organic, Fair Trade garments and soft toys for infants, and kids.

Maral Overseas (BOM:521018) Headlines

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