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Mozaffar Hossain Spinning Mills (DHA:MHSML) Interest Expense : BDT-352 Mil (TTM As of Dec. 2024)


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What is Mozaffar Hossain Spinning Mills Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mozaffar Hossain Spinning Mills's interest expense for the three months ended in Dec. 2024 was BDT -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was BDT-352 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. Mozaffar Hossain Spinning Mills's Operating Income for the three months ended in Dec. 2024 was BDT 98 Mil. Mozaffar Hossain Spinning Mills's Interest Expense for the three months ended in Dec. 2024 was BDT -70 Mil. Mozaffar Hossain Spinning Mills's Interest Coverage for the quarter that ended in Dec. 2024 was 1.42. 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.


Mozaffar Hossain Spinning Mills Interest Expense Historical Data

The historical data trend for Mozaffar Hossain Spinning Mills'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.

Mozaffar Hossain Spinning Mills Interest Expense Chart

Mozaffar Hossain Spinning Mills Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -85.48 -147.91 -238.99 -303.39 -347.59

Mozaffar Hossain Spinning Mills 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 -70.25 -69.19 -137.03 -76.05 -69.55

Mozaffar Hossain Spinning Mills 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-352 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.


Mozaffar Hossain Spinning Mills  (DHA:MHSML) 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.

Mozaffar Hossain Spinning Mills's Interest Expense for the three months ended in Dec. 2024 was BDT-70 Mil. Its Operating Income for the three months ended in Dec. 2024 was BDT98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was BDT2,318 Mil.

Mozaffar Hossain Spinning Mills'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*98.488/-69.552
=1.42

* 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.


Mozaffar Hossain Spinning Mills Business Description

Traded in Other Exchanges
N/A
Address
House No. 315, Road No. 04, DOHS, Baridhara, Dhaka, BGD, 1206
Mozaffar Hossain Spinning Mills Ltd is a manufacturer and seller of woven fabrics and cotton yarn. The products of the company are sold at the domestic market as deemed exporter and delivered to the export-oriented companies.

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