GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohini Health & Hygiene Ltd (NSE:MHHL) » Definitions » Interest Expense

Mohini Health & Hygiene (NSE:MHHL) Interest Expense : ₹-35 Mil (TTM As of Mar. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Mohini Health & Hygiene Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mohini Health & Hygiene's interest expense for the six months ended in Mar. 2023 was ₹ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-35 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. Mohini Health & Hygiene's Operating Income for the six months ended in Mar. 2023 was ₹ 76 Mil. Mohini Health & Hygiene's Interest Expense for the six months ended in Mar. 2023 was ₹ -20 Mil. Mohini Health & Hygiene's Interest Coverage for the quarter that ended in Mar. 2023 was 3.72. 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.


Mohini Health & Hygiene Interest Expense Historical Data

The historical data trend for Mohini Health & Hygiene'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.

Mohini Health & Hygiene Interest Expense Chart

Mohini Health & Hygiene Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial -49.44 -42.50 -39.38 -34.30 -34.90

Mohini Health & Hygiene Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.39 -17.34 -16.96 -14.48 -20.42

Mohini Health & Hygiene 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-35 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.


Mohini Health & Hygiene  (NSE:MHHL) 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.

Mohini Health & Hygiene's Interest Expense for the six months ended in Mar. 2023 was ₹-20 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹76 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹82 Mil.

Mohini Health & Hygiene's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*76.047/-20.424
=3.72

* 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.


Mohini Health & Hygiene (NSE:MHHL) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 109, Sector 3 Industrial Area, Pithampur, Dhar, MP, IND, 454774
Mohini Health & Hygiene Ltd is a manufacturer and exporter of cotton fibre and yarn. It manufactures absorbent cotton used for medical purposes. Some of its products include Surgical Bleached Absorbent Cotton, Cotton Balls, Zig Zag Cotton, Cotton Ear Buds, and Gamjee Rolls. The company generates revenue both from Domestic and International markets and generates a majority of its revenue from Exports.

Mohini Health & Hygiene (NSE:MHHL) Headlines

No Headlines