Mufin Green Finance (NSE:MUFIN) Interest Expense : ₹0 Mil (TTM As of Dec. 2024)

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What is Mufin Green Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mufin Green Finance's interest expense for the three months ended in Dec. 2024 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹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. Mufin Green Finance's Operating Income for the three months ended in Dec. 2024 was ₹ 82 Mil. Mufin Green Finance's Interest Expense for the three months ended in Dec. 2024 was ₹ 0 Mil. Mufin Green Finance 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.

Mufin Green Finance Interest Expense Historical Data

The historical data trend for Mufin Green Finance'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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Mufin Green Finance Interest Expense Chart

Mufin Green Finance Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.08

-1.15

-1.04

-4.29

Mufin Green Finance 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															-	-	-	-	-

Mufin Green Finance 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 Mil.

Mufin Green Finance (NSE:MUFIN) 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.

Mufin Green Finance's Interest Expense for the three months ended in Dec. 2024 was ₹0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Mufin Green Finance's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Mufin Green Finance had no long-term debt ⁽¹⁾.

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

Mufin Green Finance Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mufin Green Finance Ltd (NSE:MUFIN) » Definitions » Interest Expense

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542774:India

Address

201, 2nd Floor, Best Sky Tower, Netaji Subhash Place, New Delhi, IND, 110034

Website

https://www.mufingreenfinance.com

Mufin Green Finance Ltd is an Indian non-banking finance company. The company provides financial services. The company has only one line of business that is Financing and Investment Activities. It derives revenue mainly from interest income.

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