Mangal Credit & Fincorp (NSE:MANCREDIT) Interest Expense : ₹0.0 Mil (TTM As of Dec. 2024)

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What is Mangal Credit & Fincorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mangal Credit & Fincorp's interest expense for the three months ended in Dec. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹0.0 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. Mangal Credit & Fincorp's Operating Income for the three months ended in Dec. 2024 was ₹ 49.8 Mil. Mangal Credit & Fincorp's Interest Expense for the three months ended in Dec. 2024 was ₹ 0.0 Mil. Mangal Credit & Fincorp 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.

Mangal Credit & Fincorp Interest Expense Historical Data

The historical data trend for Mangal Credit & Fincorp'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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Mangal Credit & Fincorp Interest Expense Chart

Mangal Credit & Fincorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.23

-0.58

-1.09

-3.51

-3.92

Mangal Credit & Fincorp 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															-	-	-	-	-

Mangal Credit & Fincorp 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 ₹0.0 Mil.

Mangal Credit & Fincorp (NSE:MANCREDIT) 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.

Mangal Credit & Fincorp's Interest Expense for the three months ended in Dec. 2024 was ₹0.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹49.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Mangal Credit & Fincorp's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Mangal Credit & Fincorp had no long-term debt ⁽¹⁾.

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

Mangal Credit & Fincorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mangal Credit & Fincorp Ltd (NSE:MANCREDIT) » Definitions » Interest Expense

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505850:India

Address

Ram Mandir Road, Graham Firth Steel Compound, Office No-1701/1702, 17th Floor, A-Wing, Lotus Corporate Park, Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.mangalfincorp.com

Mangal Credit & Fincorp Ltd is a non-banking financial company. The company offers services, including loans and credit facilities, private educational funding, and trade-in money market underwriting stocks and shares. Its products include Gold loans, Personal loans, and SME(small and medium enterprises) loans. Geographically all the operations function through the regions of India. The company generates the majority of its revenue from Interest Income. The company also generates revenue from Fees and commission income.

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