Maha Rashtra Apex (NSE:MAHAPEXLTD) Interest Expense : ₹0.00 Mil (TTM As of Dec. 2024)

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What is Maha Rashtra Apex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maha Rashtra Apex's interest expense for the three months ended in Dec. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹0.00 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. Maha Rashtra Apex's Operating Income for the three months ended in Dec. 2024 was ₹ 56.43 Mil. Maha Rashtra Apex's Interest Expense for the three months ended in Dec. 2024 was ₹ 0.00 Mil. Maha Rashtra Apex has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Maha Rashtra Apex Interest Expense Historical Data

The historical data trend for Maha Rashtra Apex'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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Maha Rashtra Apex Interest Expense Chart

Maha Rashtra Apex Annual Data

Trend

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Mar24

Interest Expense

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-3.86

-0.30

-0.17

-0.03

-0.15

Maha Rashtra Apex Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
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Maha Rashtra Apex 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 ₹0.00 Mil.

Maha Rashtra Apex (NSE:MAHAPEXLTD) 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.

Maha Rashtra Apex's Interest Expense for the three months ended in Dec. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹56.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.00 Mil.

Maha Rashtra Apex's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Maha Rashtra Apex had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Maha Rashtra Apex Corp Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Maha Rashtra Apex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Maha Rashtra Apex Corp Ltd (NSE:MAHAPEXLTD) » Definitions » Interest Expense

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523384:India

Address

Syndicate House, Upendra Nagar, Manipal, KA, IND, 576104

Website

https://www.maharashtraapex.com

Maha Rashtra Apex Corp Ltd is an India-based finance company. The company is engaged in the business of leasing and hire purchase. The company generates revenue from Income from Hire Purchases, Lease, Loans & Advances, and lodging business.

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