Mangalam Industrial Finance (BOM:537800) Interest Expense : ₹0.00 Mil (TTM As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Mangalam Industrial Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mangalam Industrial Finance's interest expense for the three months ended in Sep. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹0.00 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. Mangalam Industrial Finance's Operating Income for the three months ended in Sep. 2024 was ₹ 5.59 Mil. Mangalam Industrial Finance's Interest Expense for the three months ended in Sep. 2024 was ₹ 0.00 Mil. Mangalam Industrial Finance has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Mangalam Industrial Finance Interest Expense Historical Data

The historical data trend for Mangalam Industrial Finance'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.

Mangalam Industrial Finance Interest Expense Chart

Mangalam Industrial Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-0.02

-1.05

-0.03

Mangalam Industrial Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Mangalam Industrial Finance 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.00 Mil.

Mangalam Industrial Finance (BOM:537800) 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.

Mangalam Industrial Finance's Interest Expense for the three months ended in Sep. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹5.59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹0.00 Mil.

Mangalam Industrial Finance's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Mangalam Industrial Finance had no long-term debt ⁽¹⁾.

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

Good Sign:

Mangalam Industrial Finance Ltd has no debt.

Mangalam Industrial Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mangalam Industrial Finance Ltd (BOM:537800) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vasna Bhayli Road, Next to Milestone, Hall No-1, M R Icon, Vadodara, GJ, IND, 391 410

Website

https://www.miflindia.com

Mangalam Industrial Finance Ltd is a non-banking financial company engaged in the business of Investing and Financing. The firm is engaged in other monetary intermediation services and other not elsewhere classified (NEC) trade. The company generates the majority of its revenue from Interest Income on Loans.

Mangalam Industrial Finance Headlines

No Headlines