Myland Developments (COL:MDL.N0000) Interest Expense : රු Mil (TTM As of . 20)

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What is Myland Developments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Myland Developments's interest expense for the six months ended in . 20 was රු 0.00 Mil. Myland Developments does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Myland Developments's Operating Income for the six months ended in . 20 was රු 0.00 Mil. Myland Developments's Interest Expense for the six months ended in . 20 was රු 0.00 Mil. Myland Developments 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.

Myland Developments Interest Expense Historical Data

The historical data trend for Myland Developments'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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Myland Developments Interest Expense Chart

Myland Developments Annual Data

Trend

Interest Expense

Myland Developments Semi-Annual Data

Interest Expense

Myland Developments Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Myland Developments (COL:MDL.N0000) 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.

Myland Developments's Interest Expense for the six months ended in . 20 was රු0.00 Mil. Its Operating Income for the six months ended in . 20 was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was රු0.00 Mil.

Myland Developments's Interest Coverage for the quarter that ended in . 20 is calculated as

Myland Developments had no long-term debt ⁽¹⁾.

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

Myland Developments (COL:MDL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Myland Developments PLC (COL:MDL.N0000) » Definitions » Interest Expense

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Address

Kandy Road, 143/A/02, Kadawatha, LKA

Website

https://www.myland.lk

Myland Developments Plc is engaged in developing and selling land plots for residential or commercial purposes with business operations carried out predominantly in the Western province of Sri Lanka. Its services include Land Sales, Real Estate Consultancy, Property Brokering, and Property Financing among others.

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