Mayur Uniquoters (BOM:522249) Interest Expense : ₹-14 Mil (TTM As of Dec. 2024)

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What is Mayur Uniquoters Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mayur Uniquoters's interest expense for the three months ended in Dec. 2024 was ₹ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-14 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. Mayur Uniquoters's Operating Income for the three months ended in Dec. 2024 was ₹ 396 Mil. Mayur Uniquoters's Interest Expense for the three months ended in Dec. 2024 was ₹ -4 Mil. Mayur Uniquoters's Interest Coverage for the quarter that ended in Dec. 2024 was 98.95. 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.

Mayur Uniquoters Interest Expense Historical Data

The historical data trend for Mayur Uniquoters'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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Mayur Uniquoters Interest Expense Chart

Mayur Uniquoters Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-12.46

-30.94

-19.01

-19.03

-19.31

Mayur Uniquoters 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															-5.85	-0.08	-4.89	-5.00	-4.00

Mayur Uniquoters 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 ₹-14 Mil.

Mayur Uniquoters (BOM:522249) 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.

Mayur Uniquoters's Interest Expense for the three months ended in Dec. 2024 was ₹-4 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹396 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Mayur Uniquoters'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	*	395.7	/	-3.999
	=	98.95

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. Mayur Uniquoters Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Mayur Uniquoters Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mayur Uniquoters Ltd (BOM:522249) » Definitions » Interest Expense

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MAYURUNIQ:India

Address

Jaipur-Sikar Road, Village Jaitpura, Tehsil Chomu, Jaipur, RJ, IND, 303 704

Website

https://www.mayuruniquoters.com

Mayur Uniquoters Ltd functions within the Indian textile industry. It mainly manufactures artificial leather/foam leather and other substitutes for leather and coated textile fabrics. The company's products are used in areas such as footwear, furnishings, automotive original equipment manufacturing, automotive replacement market, and automotive exports. It produces PVC vinyl for the footwear industry, and upholstery for sofas, chairs, cushion covers, and bean bags. The Company deals only in one segment which is the manufacturing and sale of PU/PVC Synthetic Leather. The company sells its products predominantly to manufacturers and wholesalers in India, and exports to various countries, including the United States and the United Kingdom.

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