M V K Agro food product (NSE:MVKAGRO) Interest Expense : ₹0.0 Mil (TTM As of Sep. 2023)

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What is M V K Agro food product Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M V K Agro food product's interest expense for the three months ended in Sep. 2023 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹0.0 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. M V K Agro food product's Operating Income for the three months ended in Sep. 2023 was ₹ 0.0 Mil. M V K Agro food product's Interest Expense for the three months ended in Sep. 2023 was ₹ 0.0 Mil. GuruFocus does not calculate M V K Agro food product's interest coverage with the available data. 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.

M V K Agro food product Interest Expense Historical Data

The historical data trend for M V K Agro food product'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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M V K Agro food product Interest Expense Chart

M V K Agro food product Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-27.39

-58.08

-89.52

M V K Agro food product Quarterly Data
	Mar21	Mar22	Mar23	Sep23
Interest Expense	-	-	-	-

M V K Agro food product 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 quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

M V K Agro food product (NSE:MVKAGRO) 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.

M V K Agro food product's Interest Expense for the three months ended in Sep. 2023 was ₹0.0 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₹0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₹463.4 Mil.

M V K Agro food product's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

GuruFocus does not calculate M V K Agro food product's interest coverage with the available data.

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

M V K Agro food product (NSE:MVKAGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M V K Agro food product Ltd (NSE:MVKAGRO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807

Website

https://www.mvkagrofood.com

M V K Agro food product Ltd is a sugar and other allied products manufacturing company. It manufactures sugar and also sells by-products and waste products, namely, Molasses, Bagasse, and Pressmud, and is also engaged in the generation of Power for captive consumption. The company has two segments, namely Sugar and its by-products/waste products from which the sugar segment generates maximum revenue.

M V K Agro food product (NSE:MVKAGRO) Headlines

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