Magnum Ventures (NSE:MAGNUM) Interest Expense : ₹-266 Mil (TTM As of Dec. 2024)

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What is Magnum Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Magnum Ventures's interest expense for the three months ended in Dec. 2024 was ₹ -79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-266 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. Magnum Ventures's Operating Income for the three months ended in Dec. 2024 was ₹ 87 Mil. Magnum Ventures's Interest Expense for the three months ended in Dec. 2024 was ₹ -79 Mil. Magnum Ventures's Interest Coverage for the quarter that ended in Dec. 2024 was 1.10. 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.

Magnum Ventures Interest Expense Historical Data

The historical data trend for Magnum Ventures'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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Magnum Ventures Interest Expense Chart

Magnum Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-44.51

-15.85

-24.05

-38.51

-48.72

Magnum Ventures 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															-8.01	-27.25	-80.71	-79.91	-78.60

Magnum Ventures 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 ₹-266 Mil.

Magnum Ventures (NSE:MAGNUM) 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.

Magnum Ventures's Interest Expense for the three months ended in Dec. 2024 was ₹-79 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹1,750 Mil.

Magnum Ventures'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	*	86.517	/	-78.599
	=	1.10

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

Magnum Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Magnum Ventures Ltd (NSE:MAGNUM) » Definitions » Interest Expense

Traded in Other Exchanges

532896:India

Address

18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad, UP, IND, 201010

Website

http://www.magnumventures.in

Magnum Ventures Ltd operates in the paper industry and hotel industry. Its principal activities comprise Paper Board and Newsprint Manufacturing, and Hotel. The firm operates in two segments namely Paper Division and Hotel Division. Its manufacturing activities cover printing and writing papers, duplex boards, wrapping. Xerox paper and packing paper. Its paperboard is used in packaging, and graphic printing, such as book and magazine covers or postcards. Its paperboard is also used in fine arts for creating sculptures. The company's hotel division segment operates under the Country Inn and Suites brand. A majority of the firm's revenue gets dominated by the Paper division.

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