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Marico Bangladesh (DHA:MARICO) Interest Expense : BDT-517 Mil (TTM As of Dec. 2024)


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What is Marico Bangladesh Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marico Bangladesh's interest expense for the three months ended in Dec. 2024 was BDT -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was BDT-517 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. Marico Bangladesh's Operating Income for the three months ended in Dec. 2024 was BDT 1,606 Mil. Marico Bangladesh's Interest Expense for the three months ended in Dec. 2024 was BDT -16 Mil. Marico Bangladesh's Interest Coverage for the quarter that ended in Dec. 2024 was 102.33. 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.


Marico Bangladesh Interest Expense Historical Data

The historical data trend for Marico Bangladesh'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.

Marico Bangladesh Interest Expense Chart

Marico Bangladesh Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.56 -14.75 -17.15 -25.59 -565.82

Marico Bangladesh Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -64.02 -439.23 -62.55 - -15.70

Marico Bangladesh 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 BDT-517 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.


Marico Bangladesh  (DHA:MARICO) 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.

Marico Bangladesh's Interest Expense for the three months ended in Dec. 2024 was BDT-16 Mil. Its Operating Income for the three months ended in Dec. 2024 was BDT1,606 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was BDT130 Mil.

Marico Bangladesh'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*1606.084/-15.695
=102.33

* 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.


Marico Bangladesh Business Description

Traded in Other Exchanges
N/A
Address
Gulshan Avenue, The Glass House, Level-06, Plot. 02, Block. SE (B), Dhaka, BGD, 1212
Marico Bangladesh Ltd is engaged in the manufacturing and marketing of various fast-moving consumer goods in Bangladesh. The company provides products like Hair dye, Baby care, Male grooming, Skincare, and Hair serum products, among others. Its product portfolio includes well-known brands like Parachute, Parachute Advansed, Just For Baby, Nihar, Parachute SkinPure, Parachute Naturale, Saffola Active, HairCode, and Livon. The company generates its revenue from products like Parachute coconut oil, value-added hair oil, color products, and others, with the majority of revenue coming from Parachute coconut oil.

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