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Moxsh Overseas Educon (NSE:MOXSH) Interest Expense : ₹-2.0 Mil (TTM As of Sep. 2023)


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What is Moxsh Overseas Educon Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Moxsh Overseas Educon's interest expense for the six months ended in Sep. 2023 was ₹ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-2.0 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. Moxsh Overseas Educon's Operating Income for the six months ended in Sep. 2023 was ₹ 3.9 Mil. Moxsh Overseas Educon's Interest Expense for the six months ended in Sep. 2023 was ₹ -1.6 Mil. Moxsh Overseas Educon's Interest Coverage for the quarter that ended in Sep. 2023 was 2.46. 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.


Moxsh Overseas Educon Interest Expense Historical Data

The historical data trend for Moxsh Overseas Educon'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.

Moxsh Overseas Educon Interest Expense Chart

Moxsh Overseas Educon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Interest Expense
-0.05 -0.38 -0.19 -1.44

Moxsh Overseas Educon Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial - - -0.99 -0.45 -1.58

Moxsh Overseas Educon 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-2.0 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.


Moxsh Overseas Educon  (NSE:MOXSH) 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.

Moxsh Overseas Educon's Interest Expense for the six months ended in Sep. 2023 was ₹-1.6 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹3.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.0 Mil.

Moxsh Overseas Educon's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*3.877/-1.576
=2.46

* 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.


Moxsh Overseas Educon (NSE:MOXSH) Business Description

Traded in Other Exchanges
N/A
Address
Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025
Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

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