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Miracle Industries (DHA:MIRACLEIND) Interest Expense : BDT Mil (TTM As of . 20)


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What is Miracle Industries Interest Expense?

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


Miracle Industries Interest Expense Historical Data

The historical data trend for Miracle Industries'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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Miracle Industries Interest Expense Chart

Miracle Industries Annual Data
Trend
Interest Expense

Miracle Industries Semi-Annual Data
Interest Expense

Miracle Industries Interest Expense Calculation

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


Miracle Industries  (DHA:MIRACLEIND) 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.

Miracle Industries's Interest Expense for the six months ended in . 20 was BDT0.00 Mil. Its Operating Income 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.

Miracle Industries's Interest Coverage for the quarter that ended in . 20 is calculated as

Miracle Industries had no long-term debt (1).

* 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.


Miracle Industries Business Description

Traded in Other Exchanges
N/A
Address
Tejgaon Industrial Area, 113/B, 3rd Floor, Dhaka, BGD, 1208
Miracle Industries Ltd is a manufacturer and exporter of WPP and FIBC bags in the domestic market and abroad.

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