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Manoj Ceramic (BOM:544073) Interest Expense : ₹-69 Mil (TTM As of Sep. 2024)


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What is Manoj Ceramic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manoj Ceramic's interest expense for the six months ended in Sep. 2024 was ₹ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-69 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. Manoj Ceramic's Operating Income for the six months ended in Sep. 2024 was ₹ 91 Mil. Manoj Ceramic's Interest Expense for the six months ended in Sep. 2024 was ₹ -35 Mil. Manoj Ceramic's Interest Coverage for the quarter that ended in Sep. 2024 was 2.60. 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.


Manoj Ceramic Interest Expense Historical Data

The historical data trend for Manoj Ceramic'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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Manoj Ceramic Interest Expense Chart

Manoj Ceramic Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-48.81 -41.34 -43.99 -68.56

Manoj Ceramic Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial - - -34.49 -34.07 -34.89

Manoj Ceramic 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 ₹-69 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.


Manoj Ceramic  (BOM:544073) 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.

Manoj Ceramic's Interest Expense for the six months ended in Sep. 2024 was ₹-35 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹91 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹265 Mil.

Manoj Ceramic'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*90.864/-34.885
=2.60

* 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.


Manoj Ceramic Business Description

Traded in Other Exchanges
N/A
Address
Unit No. 2 to 8, Building No. 19-24, Indian Corporation Compound, Mankoli Naka, Bhiwandi, Anjur, Thane, MH, IND, 421302
Manoj Ceramic Ltd is engaged in trading ceramic tiles and tile adhesive under its own brand "MCPL" through a dealer network, retail showrooms, wholesale (B2B), and exports. It specializes in two products: ceramic tiles and tile adhesive. Its segment includes the widest range of wall and floor tiles.

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