MIC Electronics (BOM:532850) Interest Expense: ₹-58 Mil (TTM As of Jun. 2026)

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BOM:532850 MIC Electronics Ltd BOM:532850
54 GF Score
Price ₹38.57
! 2 Warning Signs
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What is MIC Electronics Interest Expense?

MIC Electronics BOM:532850 +0.76% 54 Interest Expense is ₹-58 Mil as of Jun. 2026. GuruFocus rates BOM:532850 with a GF Score™ of 54/100. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MIC Electronics's interest expense for the three months ended in Jun. 2026 was ₹ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-58 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. MIC Electronics's Operating Income for the three months ended in Jun. 2026 was ₹ 33 Mil. MIC Electronics's Interest Expense for the three months ended in Jun. 2026 was ₹ -14 Mil. MIC Electronics's Interest Coverage for the quarter that ended in Jun. 2026 was 2.38. 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.

MIC Electronics  (BOM:532850) 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.

MIC Electronics's Interest Expense for the three months ended in Jun. 2026 was ₹-14 Mil. Its Operating Income for the three months ended in Jun. 2026 was ₹33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ₹0 Mil.

MIC Electronics's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*33.091/-13.929
=2.38

* 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.

MIC Electronics Interest Expense Historical Data

* Premium members only.

The historical data trend for MIC Electronics'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.

MIC Electronics Interest Expense Chart

MIC Electronics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.68 -4.16 -16.54 -46.11 -60.48

MIC Electronics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -16.74 -12.64 -12.95 -18.16 -13.93
BOM:532850
54GF Score
MIC Electronics Ltd BOM:532850
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MIC Electronics 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-58 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-58 Mil mean?
MIC Electronics (BOM:532850) has a Interest Expense of ₹-58 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on MIC Electronics and its competitors.
Is MIC Electronics' Interest Expense too high?
MIC Electronics' current Interest Expense is ₹-58 Mil. Overall, MIC Electronics has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does MIC Electronics' Interest Expense compare to APH and GLW?
MIC Electronics' Interest Expense of ₹-58 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Hardware company?
A good Interest Expense depends on the Hardware industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on MIC Electronics and its competitors. MIC Electronics's current Interest Expense is ₹-58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIC Electronics stock overvalued right now?
MIC Electronics (BOM:532850) has a current Interest Expense of ₹-58 Mil. The current Interest Expense is ₹-58 Mil. MIC Electronics' overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For MIC Electronics (BOM:532850), the current Interest Expense is ₹-58 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MIC Electronics Business Description

Other Exchanges MICEL:India
Address Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.
54GF Score

Get the complete analysis for BOM:532850

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹38.57
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