MEP Infrastructure Developers (NSE:MEP) Interest Expense: ₹-743.4 Mil (TTM As of Mar. 2024)


NSE:MEP MEP Infrastructure Developers Ltd NSE:MEP
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What is MEP Infrastructure Developers Interest Expense?

MEP Infrastructure Developers NSE:MEP -1.54% 4 Interest Expense is ₹-743.4 Mil as of Mar. 2024. GuruFocus rates NSE:MEP with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MEP Infrastructure Developers's interest expense for the three months ended in Mar. 2024 was ₹ -207.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-743.4 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. MEP Infrastructure Developers's Operating Income for the three months ended in Mar. 2024 was ₹ -5,731.7 Mil. MEP Infrastructure Developers's Interest Expense for the three months ended in Mar. 2024 was ₹ -207.7 Mil. MEP Infrastructure Developers 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.

MEP Infrastructure Developers  (NSE:MEP) 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.

MEP Infrastructure Developers's Interest Expense for the three months ended in Mar. 2024 was ₹-207.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-5,731.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

MEP Infrastructure Developers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

MEP Infrastructure Developers 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.

MEP Infrastructure Developers Interest Expense Historical Data

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The historical data trend for MEP Infrastructure Developers'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.

MEP Infrastructure Developers Interest Expense Chart

MEP Infrastructure Developers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,970.30 -3,247.45 -2,827.01 -721.60 -743.40

MEP Infrastructure Developers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only -117.00 -135.24 -240.86 -159.60 -207.71
NSE:MEP
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MEP Infrastructure Developers Ltd NSE:MEP
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MEP Infrastructure Developers 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-743.4 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 ₹-743.4 Mil mean?
MEP Infrastructure Developers (NSE:MEP) has a Interest Expense of ₹-743.4 Mil as of Mar. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on MEP Infrastructure Developers and its competitors.
Is MEP Infrastructure Developers' Interest Expense too high?
MEP Infrastructure Developers' current Interest Expense is ₹-743.4 Mil. Overall, MEP Infrastructure Developers has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does MEP Infrastructure Developers' Interest Expense compare to VRRM?
MEP Infrastructure Developers' Interest Expense of ₹-743.4 Mil can be compared against companies in the Construction 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 Construction company?
A good Interest Expense depends on the Construction 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 MEP Infrastructure Developers and its competitors. MEP Infrastructure Developers's current Interest Expense is ₹-743.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEP Infrastructure Developers stock overvalued right now?
MEP Infrastructure Developers (NSE:MEP) has a current Interest Expense of ₹-743.4 Mil. The current Interest Expense is ₹-743.4 Mil. MEP Infrastructure Developers' overall GF Score™ is 4/100. 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 MEP Infrastructure Developers (NSE:MEP), the current Interest Expense is ₹-743.4 Mil as of Mar. 2024. 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.

MEP Infrastructure Developers Business Description

Address Hindu Colony, Sir Bhalchandra Road, 2102, Floor-21st, Plot-62, Kesar Equinox, Dadar (East), Mumbai, MH, IND, 400014
MEP Infrastructure Developers Ltd is an India-based infrastructure company. It is engaged in the business activities of road construction, operation, maintenance and toll collection. The group operates in the business segments of Toll collection, Operation and Maintenance, and Construction. It generates maximum revenue from the Toll collection and repairs and maintenance segments. The company provides toll management service and assists its clients in addressing the complexities of the implementation and operation of toll systems. The organization also helps in the installation of electronic toll and cash collection systems, communication networks, and intelligent transportation systems. It principally operates in India.
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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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