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MVL (NSE:MVL) Interest Expense : ₹-0.03 Mil (TTM As of Jun. 2019)


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What is MVL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MVL's interest expense for the three months ended in Jun. 2019 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was ₹-0.03 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. MVL's Operating Income for the three months ended in Jun. 2019 was ₹ -0.93 Mil. MVL's Interest Expense for the three months ended in Jun. 2019 was ₹ 0.00 Mil. MVL 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.


MVL Interest Expense Historical Data

The historical data trend for MVL'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.

MVL Interest Expense Chart

MVL Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -147.16 -125.15 -0.52 -0.53 -0.11

MVL Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19
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 -0.03 -0.04 -0.03 -0.01 -

MVL 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.03 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.


MVL  (NSE:MVL) 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.

MVL's Interest Expense for the three months ended in Jun. 2019 was ₹0.00 Mil. Its Operating Income for the three months ended in Jun. 2019 was ₹-0.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was ₹0.00 Mil.

MVL's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

MVL had no long-term debt (1).

* 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.


MVL Business Description

Traded in Other Exchanges
N/A
Address
MVL iPark, 6th Floor,Near Red Cross Society, Chandan Nagar, Sector-15 (II), Gurgaon, HR, IND, 122001
MVL Ltd operates as a diversified real estate company in India. The firm engages in the development of real estate properties. Its developments involve residential, commercial, township, and retail sectors. Its projects include MVL Residential, MVL Coral, MVL IndiHomes, MVL Rivercity, and MVL iPark.

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