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Ascencia (XMAU:ASCE.J0000.PFD) Interest Expense : MUR-402.63 Mil (TTM As of Sep. 2024)


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What is Ascencia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ascencia's interest expense for the three months ended in Sep. 2024 was MUR -96.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was MUR-402.63 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. Ascencia's Operating Income for the three months ended in Sep. 2024 was MUR 279.51 Mil. Ascencia's Interest Expense for the three months ended in Sep. 2024 was MUR -96.07 Mil. Ascencia's Interest Coverage for the quarter that ended in Sep. 2024 was 2.91. 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.


Ascencia Interest Expense Historical Data

The historical data trend for Ascencia'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.

Ascencia Interest Expense Chart

Ascencia Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -255.79 -223.87 -262.23 -355.26 -400.55

Ascencia Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -93.99 -93.66 -93.89 -119.01 -96.07

Ascencia 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MUR-402.63 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.


Ascencia  (XMAU:ASCE.J0000.PFD) 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.

Ascencia's Interest Expense for the three months ended in Sep. 2024 was MUR-96.07 Mil. Its Operating Income for the three months ended in Sep. 2024 was MUR279.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was MUR6,351.40 Mil.

Ascencia's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*279.505/-96.072
=2.91

* 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.


Ascencia Business Description

Traded in Other Exchanges
Address
Bagatelle Mall, 1st floor, Centre Management Office, Moka, MUS
Ascencia Ltd is a property company based in Mauritius. Its principal activity is to acquire, invest, and hold investments in real estate predominantly located in Mauritius. The company actively manages its portfolio of properties through regular acquisitions and disposals so as to optimize shareholder returns. It generates maximum revenue from the rental income.

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