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Mish Designs (BOM:544015) Interest Expense : ₹-2.9 Mil (TTM As of Sep. 2024)


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What is Mish Designs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mish Designs's interest expense for the six months ended in Sep. 2024 was ₹ -1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-2.9 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. Mish Designs's Operating Income for the six months ended in Sep. 2024 was ₹ 5.0 Mil. Mish Designs's Interest Expense for the six months ended in Sep. 2024 was ₹ -1.3 Mil. Mish Designs's Interest Coverage for the quarter that ended in Sep. 2024 was 3.86. 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.


Mish Designs Interest Expense Historical Data

The historical data trend for Mish Designs'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.

Mish Designs Interest Expense Chart

Mish Designs Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-0.28 -1.33 -3.30 -3.63

Mish Designs Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial - - -2.06 -1.57 -1.29

Mish Designs 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-2.9 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.


Mish Designs  (BOM:544015) 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.

Mish Designs's Interest Expense for the six months ended in Sep. 2024 was ₹-1.3 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹5.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹6.4 Mil.

Mish Designs's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*4.989/-1.294
=3.86

* 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.


Mish Designs Business Description

Traded in Other Exchanges
N/A
Address
Hattibaug Love Lane, Gala No. 4, Gulati Industries, Mazgaon, Mumbai, MH, IND, 400010
Mish Designs Ltd is engaged in the process of fabrication of fabric into garments under the brand name MISH, CURVES BY MISH in India. It exports its product currently to the UAE under the brand name ZOEY. It offers a collection of over 1000 trending designs to cater to the diverse tastes of its customers. The company offers various products in the Women's wear segment such as Dresses, Gowns, Tops, Co-Ords, T-shirts, Trousers, and Palazzos.

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