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Mukka Proteins (BOM:544135) Interest Expense : ₹-283 Mil (TTM As of Dec. 2024)


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What is Mukka Proteins Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mukka Proteins's interest expense for the three months ended in Dec. 2024 was ₹ -109 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-283 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. Mukka Proteins's Operating Income for the three months ended in Dec. 2024 was ₹ 376 Mil. Mukka Proteins's Interest Expense for the three months ended in Dec. 2024 was ₹ -109 Mil. Mukka Proteins's Interest Coverage for the quarter that ended in Dec. 2024 was 3.44. 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.


Mukka Proteins Interest Expense Historical Data

The historical data trend for Mukka Proteins'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.

Mukka Proteins Interest Expense Chart

Mukka Proteins Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -57.19 -73.27 -75.59 -116.21 -189.92

Mukka Proteins Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -61.52 -5.23 -81.28 -87.24 -109.07

Mukka Proteins 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 ₹-283 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.


Mukka Proteins  (BOM:544135) 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.

Mukka Proteins's Interest Expense for the three months ended in Dec. 2024 was ₹-109 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹376 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Mukka Proteins'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*375.58/-109.07
=3.44

* 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.


Mukka Proteins Business Description

Traded in Other Exchanges
Address
NG Road, Mukka Corporate House, Door No. 18-2-16/4, First Cross, Attavara, Dakshina Kannada, Mangaluru, KA, IND, 575001
Mukka Proteins Ltd is an animal protein company. The company manufactures and supplies fish meal, fish oil, and fish soluble paste which is an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broilers and layer), and pet food. Fish oil of the company also finds its application in pharmaceutical products (additionally, Omega-3 pills and related products derived from fish oil are gaining importance as high nutrient and healthy dietary supplements), soap manufacturing, leather tanneries & paint industries. The company sells its products domestically and also export them to over 10 countries, including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam.

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