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Matco Foods (KAR:MFL) Interest Expense : ₨ Mil (TTM As of . 20)


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What is Matco Foods Interest Expense?

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


Matco Foods Interest Expense Historical Data

The historical data trend for Matco Foods'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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Matco Foods Interest Expense Chart

Matco Foods Annual Data
Trend
Interest Expense

Matco Foods Semi-Annual Data
Interest Expense

Matco Foods Interest Expense Calculation

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


Matco Foods  (KAR:MFL) 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.

Matco Foods's Interest Expense for the six months ended in . 20 was ₨0.00 Mil. Its Operating Income for the six months ended in . 20 was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ₨0.00 Mil.

Matco Foods's Interest Coverage for the quarter that ended in . 20 is calculated as

Matco Foods 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.


Matco Foods (KAR:MFL) Business Description

Traded in Other Exchanges
N/A
Address
Super Highway Industrial Area, B-1/A, SITE, Phase 1, Karachi, SD, PAK, 75950
Matco Foods Ltd is a agro processor and food products company. The Company provides convenient packaged goods and quality ingredients to the pharmaceuticals and confectionery industries. The company's flagship brand is Falak. Some of the firm's product portfolio includes organic rice, basmati rice, organic brown rice syrup, and others. It generates substantial revenue from the sale of rice and byproducts. Geographically, the firm has operational footprints in Africa, Australia & New Zealand, Europe, and Other regions.