Marico (NSE:MARICO) Interest Expense : ₹-390 Mil (TTM As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Marico Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marico's interest expense for the three months ended in Sep. 2024 was ₹ -110 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-390 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. Marico's Operating Income for the three months ended in Sep. 2024 was ₹ 4,810 Mil. Marico's Interest Expense for the three months ended in Sep. 2024 was ₹ -110 Mil. Marico's Interest Coverage for the quarter that ended in Sep. 2024 was 43.73. 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.

Marico Interest Expense Historical Data

The historical data trend for Marico'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.

Marico Interest Expense Chart

Marico Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-330.00

-240.00

-190.00

-320.00

-480.00

Marico Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-200.00	-190.00	80.00	-170.00	-110.00

Marico 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-390 Mil.

Marico (NSE:MARICO) 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.

Marico's Interest Expense for the three months ended in Sep. 2024 was ₹-110 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹4,810 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹1,160 Mil.

Marico's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	4810	/	-110
	=	43.73

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

Marico Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marico Ltd (NSE:MARICO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

531642:India

Address

175, CST Road, 7th floor, Grande Palladium, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.marico.com

Marico Ltd is an Indian consumer goods company. The company provides products across the health, beauty, and wellness category. It manufactures hair care, male grooming, skin care, edible oils, health foods, and fabric care products. Locally, Marico sells its products through brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Geographically, the company has two segments; India which derives key revenue; and International.

Marico Headlines

No Headlines