Maharashtra Seamless (NSE:MAHSEAMLES) Interest Expense : ₹21 Mil (TTM As of Dec. 2024)

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What is Maharashtra Seamless Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maharashtra Seamless's interest expense for the three months ended in Dec. 2024 was ₹ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹21 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. Maharashtra Seamless's Operating Income for the three months ended in Dec. 2024 was ₹ 2,542 Mil. Maharashtra Seamless's Interest Expense for the three months ended in Dec. 2024 was ₹ -5 Mil. Maharashtra Seamless's Interest Coverage for the quarter that ended in Dec. 2024 was 488.87. 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.

Maharashtra Seamless Interest Expense Historical Data

The historical data trend for Maharashtra Seamless'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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Maharashtra Seamless Interest Expense Chart

Maharashtra Seamless Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-612.84

-511.11

-395.33

-321.50

-36.50

Maharashtra Seamless 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															-6.90	43.60	-9.30	-8.10	-5.20

Maharashtra Seamless 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 ₹21 Mil.

Maharashtra Seamless (NSE:MAHSEAMLES) 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.

Maharashtra Seamless's Interest Expense for the three months ended in Dec. 2024 was ₹-5 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹2,542 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Maharashtra Seamless'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	*	2542.1	/	-5.2
	=	488.87

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

Maharashtra Seamless Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maharashtra Seamless Ltd (NSE:MAHSEAMLES) » Definitions » Interest Expense

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500265:India

Address

5 Pusa Road, 2nd Floor, New Delhi, IND, 110 005

Website

https://www.jindal.com

Maharashtra Seamless Ltd is a steel pipe and tube manufacturer. The company's product portfolio consists of Electric Resistance Welded pipes which include Black and Galvanized pipes sold under the brand Jindal Star and Seamless Pipes and Tubes which include Hot finished, Cold drawn, and Pilgered pipes. Its products are used in various applications and sectors like Oil and Gas, Hydrocarbon, Power, Agriculture, Housing, and Infrastructure, among others. Its segments consist of Steel Pipes and Tubes and Power-Electricity, Rig, and Others. The majority of the revenue is derived from the sale of Steel Pipes and Tubes.

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