Mideast Integrated Steels (BOM:540744) Interest Expense: ₹-485 Mil (TTM As of Mar. 2026)

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BOM:540744 Mideast Integrated Steels Ltd BOM:540744
4 GF Score
Price ₹9.58
! 5 Warning Signs
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What is Mideast Integrated Steels Interest Expense?

Mideast Integrated Steels BOM:540744 4 Interest Expense is ₹-485 Mil as of Mar. 2026. GuruFocus rates BOM:540744 with a GF Score™ of 4/100. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mideast Integrated Steels's interest expense for the three months ended in Mar. 2026 was ₹ -85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-485 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. Mideast Integrated Steels's Operating Income for the three months ended in Mar. 2026 was ₹ -53 Mil. Mideast Integrated Steels's Interest Expense for the three months ended in Mar. 2026 was ₹ -85 Mil. Mideast Integrated Steels did not have earnings to cover the interest expense. 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.

Mideast Integrated Steels  (BOM:540744) 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.

Mideast Integrated Steels's Interest Expense for the three months ended in Mar. 2026 was ₹-85 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹-53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹5,467 Mil.

Mideast Integrated Steels's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Mideast Integrated Steels did not have earnings to cover the interest expense.

* 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.

Mideast Integrated Steels Interest Expense Historical Data

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The historical data trend for Mideast Integrated Steels'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.

Mideast Integrated Steels Interest Expense Chart

Mideast Integrated Steels 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 -337.41 -472.34 -325.86 -1,255.91 -484.81

Mideast Integrated Steels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -153.67 -132.40 -133.70 -133.72 -84.98
BOM:540744
4GF Score
Mideast Integrated Steels Ltd BOM:540744
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mideast Integrated Steels 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-485 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 ₹-485 Mil mean?
Mideast Integrated Steels (BOM:540744) has a Interest Expense of ₹-485 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mideast Integrated Steels and its competitors.
Is Mideast Integrated Steels' Interest Expense too high?
Mideast Integrated Steels' current Interest Expense is ₹-485 Mil. Overall, Mideast Integrated Steels has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Mideast Integrated Steels' Interest Expense compare to competitors?
Mideast Integrated Steels' Interest Expense of ₹-485 Mil can be compared against companies in the Steel 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 Steel company?
A good Interest Expense depends on the Steel 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 Mideast Integrated Steels and its competitors. Mideast Integrated Steels's current Interest Expense is ₹-485 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mideast Integrated Steels stock overvalued right now?
Mideast Integrated Steels (BOM:540744) has a current Interest Expense of ₹-485 Mil. The current Interest Expense is ₹-485 Mil. Mideast Integrated Steels' overall GF Score™ is 4/100 with 5 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 Mideast Integrated Steels (BOM:540744), the current Interest Expense is ₹-485 Mil as of Mar. 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.

Mideast Integrated Steels Business Description

Address Kailash Colony, H-1, Mesco Tower, Zamrudpur Community Centre, New Delhi, IND, 110048
Mideast Integrated Steels Ltd is engaged in the business of the extraction of iron ore. The company operates through a single segment, namely the Iron and Steel business. It manufactures various products such as pig iron scrap, including plates, fines, and boulders, iron ore calibrated lump ores consisting of iron ore fines and screened lump, coke breeze, granulated slag, and lime slurry. In addition, it also offers repair services.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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