Maitreya Medicare (NSE:MAITREYA) Interest Expense: ₹-3.1 Mil (TTM As of Sep. 2023)

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NSE:MAITREYA Maitreya Medicare Ltd NSE:MAITREYA
18 GF Score
Price ₹118.10
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What is Maitreya Medicare Interest Expense?

Maitreya Medicare NSE:MAITREYA -3.08% 18 Interest Expense is ₹-3.1 Mil as of Sep. 2023. GuruFocus rates NSE:MAITREYA with a GF Score™ of 18/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maitreya Medicare's interest expense for the six months ended in Sep. 2023 was ₹ -3.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-3.1 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. Maitreya Medicare's Operating Income for the six months ended in Sep. 2023 was ₹ 50.5 Mil. Maitreya Medicare's Interest Expense for the six months ended in Sep. 2023 was ₹ -3.1 Mil. Maitreya Medicare's Interest Coverage for the quarter that ended in Sep. 2023 was 16.09. 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.

Maitreya Medicare  (NSE:MAITREYA) 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.

Maitreya Medicare's Interest Expense for the six months ended in Sep. 2023 was ₹-3.1 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹50.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹39.2 Mil.

Maitreya Medicare's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*50.546/-3.141
=16.09

* 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.

Maitreya Medicare Interest Expense Historical Data

* Premium members only.

The historical data trend for Maitreya Medicare'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.

Maitreya Medicare Interest Expense Chart

Maitreya Medicare Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-6.34 -6.06 -5.65

Maitreya Medicare Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Interest Expense 0.00 0.00 0.00 -3.14
NSE:MAITREYA
18GF Score
Maitreya Medicare Ltd NSE:MAITREYA
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Maitreya Medicare 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-3.1 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-3.1 Mil mean?
Maitreya Medicare (NSE:MAITREYA) has a Interest Expense of ₹-3.1 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Maitreya Medicare and its competitors.
Is Maitreya Medicare's Interest Expense too high?
Maitreya Medicare's current Interest Expense is ₹-3.1 Mil. Overall, Maitreya Medicare has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Maitreya Medicare's Interest Expense compare to HCA and DVA?
Maitreya Medicare's Interest Expense of ₹-3.1 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Healthcare Providers & Services company?
A good Interest Expense depends on the Healthcare Providers & Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Maitreya Medicare and its competitors. Maitreya Medicare's current Interest Expense is ₹-3.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maitreya Medicare stock overvalued right now?
Maitreya Medicare (NSE:MAITREYA) has a current Interest Expense of ₹-3.1 Mil. The current Interest Expense is ₹-3.1 Mil. Maitreya Medicare's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Maitreya Medicare (NSE:MAITREYA), the current Interest Expense is ₹-3.1 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Maitreya Medicare Business Description

Address Nr. Someshwara Char Rasta, Udhana - Magdalla Road, Surat, GJ, IND, 395007
Maitreya Medicare Ltd is Multi Superspeciality hospital. It is a 125 bedded hospital that provides multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care, and also offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Laparoscopic Surgery, Neurology, Neurosurgery, Spine Surgery, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine etc.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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