Mercantile Islami Insurance (DHA:MERCINS) Interest Expense : BDT Mil (TTM As of . 20)

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What is Mercantile Islami Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mercantile Islami Insurance's interest expense for the six months ended in . 20 was BDT 0.00 Mil. Mercantile Islami Insurance 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. Mercantile Islami Insurance's Operating Income for the six months ended in . 20 was BDT 0.00 Mil. Mercantile Islami Insurance's Interest Expense for the six months ended in . 20 was BDT 0.00 Mil. Mercantile Islami Insurance 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.

Mercantile Islami Insurance Interest Expense Historical Data

The historical data trend for Mercantile Islami Insurance'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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Mercantile Islami Insurance Interest Expense Chart

Mercantile Islami Insurance Annual Data

Trend

Interest Expense

Mercantile Islami Insurance Semi-Annual Data

Interest Expense

Mercantile Islami Insurance Interest Expense Calculation

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

Mercantile Islami Insurance (DHA:MERCINS) 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.

Mercantile Islami Insurance's Interest Expense for the six months ended in . 20 was BDT0.00 Mil. Its EBIT for the six months ended in . 20 was BDT0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was BDT0.00 Mil.

Mercantile Islami Insurance's Interest Coverage for the quarter that ended in . 20 is calculated as

Mercantile Islami Insurance had no long-term debt ⁽¹⁾.

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

Mercantile Islami Insurance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercantile Islami Insurance PLC (DHA:MERCINS) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Red Crescent Bhaban, 61, Motijheel C/A, 1st Floor, Dhaka, BGD, 1000

Website

https://www.miiplc.com

Mercantile Islami Insurance PLC is a Bangladesh-based general insurance company operating in the private sector. It offers a wide range of insurance products, including Fire Insurance, Marine Insurance, Motor Insurance, and Overseas Mediclaim Policy (OMP). In addition, it provides a variety of insurance products for businesses, such as Industrial all Risk insurance, Contractors all Risk insurance, and Property insurance.

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