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Manav infra projects (NSE:MANAV) Interest Expense : ₹-12.15 Mil (TTM As of Mar. 2022)


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What is Manav infra projects Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manav infra projects's interest expense for the six months ended in Mar. 2022 was ₹ -7.52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was ₹-12.15 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. Manav infra projects's Operating Income for the six months ended in Mar. 2022 was ₹ -17.14 Mil. Manav infra projects's Interest Expense for the six months ended in Mar. 2022 was ₹ -7.52 Mil. Manav infra projects did not have earnings to cover the interest expense. 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.


Manav infra projects Interest Expense Historical Data

The historical data trend for Manav infra projects'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.

Manav infra projects Interest Expense Chart

Manav infra projects Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.05 -13.89 -13.30 -12.15 -13.99

Manav infra projects Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.05 -6.26 -4.63 -7.52 -

Manav infra projects 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-12.15 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.


Manav infra projects  (NSE:MANAV) 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.

Manav infra projects's Interest Expense for the six months ended in Mar. 2022 was ₹-7.52 Mil. Its Operating Income for the six months ended in Mar. 2022 was ₹-17.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2022 was ₹50.21 Mil.

Manav infra projects's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Manav infra projects did not have earnings to cover the interest expense.

* 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.


Manav infra projects (NSE:MANAV) Business Description

Traded in Other Exchanges
N/A
Address
Akurli Road, 226, Gundecha Industrial - Complex, Near Growels Mall, Kandivali (East), Mumbai, MH, IND, 400101
Manav infra projects Ltd is engaged in civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work, and others.

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