Macobs Technologies (NSE:MACOBSTECH) Interest Expense : ₹-2.9 Mil (TTM As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Macobs Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Macobs Technologies's interest expense for the six months ended in Mar. 2024 was ₹ -2.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2.9 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. Macobs Technologies's Operating Income for the six months ended in Mar. 2024 was ₹ 23.6 Mil. Macobs Technologies's Interest Expense for the six months ended in Mar. 2024 was ₹ -2.4 Mil. Macobs Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 9.65. 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.

Macobs Technologies Interest Expense Historical Data

The historical data trend for Macobs Technologies'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.

Macobs Technologies Interest Expense Chart

Macobs Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.06

-0.02

-0.32

-2.91

Macobs Technologies Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Interest Expense	-	-	-	-0.46	-2.45

Macobs Technologies 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-2.9 Mil.

Macobs Technologies (NSE:MACOBSTECH) 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.

Macobs Technologies's Interest Expense for the six months ended in Mar. 2024 was ₹-2.4 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹23.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹6.2 Mil.

Macobs Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	23.644	/	-2.449
	=	9.65

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

Macobs Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Macobs Technologies Ltd (NSE:MACOBSTECH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. A-305, Backside National Handloom Corporation, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.macobstech.com

Macobs Technologies Ltd operates within the male grooming industry. It offer products specifically designed for men's grooming needs, encompassing tools like specialized trimmers for sensitive areas, hygiene products tailored for male skin, and a variety of self-care items. It sells its product through e-commerce channels.

Macobs Technologies Headlines

No Headlines