Mangalam Seeds (BOM:539275) Interest Expense : ₹-38 Mil (TTM As of Dec. 2024)

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What is Mangalam Seeds Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mangalam Seeds's interest expense for the three months ended in Dec. 2024 was ₹ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-38 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 Seeds's Operating Income for the three months ended in Dec. 2024 was ₹ 24 Mil. Mangalam Seeds's Interest Expense for the three months ended in Dec. 2024 was ₹ -10 Mil. Mangalam Seeds's Interest Coverage for the quarter that ended in Dec. 2024 was 2.43. 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.

Mangalam Seeds Interest Expense Historical Data

The historical data trend for Mangalam Seeds'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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Mangalam Seeds Interest Expense Chart

Mangalam Seeds Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-8.88

-9.14

-12.05

-14.87

-26.41

Mangalam Seeds 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															-9.36	-6.78	-9.58	-12.11	-9.77

Mangalam Seeds 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 ₹-38 Mil.

Mangalam Seeds (BOM:539275) 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 Seeds's Interest Expense for the three months ended in Dec. 2024 was ₹-10 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Mangalam Seeds'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	*	23.769	/	-9.774
	=	2.43

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

Mangalam Seeds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Mangalam Seeds Ltd (BOM:539275) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

202, Sampada Complex, Mithakhali Six Roads, Behind Tulsi Complex, Navarangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.mangalamseeds.com

Mangalam Seeds Ltd is engaged in the production, sale, and marketing of agricultural seeds and chemicals. It operates in one segment which is the Sale of seeds. The company offers products under categories, such as cotton, moong, cumin, castor, mustard, cumin, fennel, jawar fodder, and vegetable. The company has its marketing channel in Gujarat and Rajasthan, comprising several distributors, dealers, and retailers to support marketing.

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