Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Interest Expense : MUR-34 Mil (TTM As of Mar. 2024)

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What is Mauritius Chemical & Fertilizer Industry Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mauritius Chemical & Fertilizer Industry's interest expense for the three months ended in Mar. 2024 was MUR -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MUR-34 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. Mauritius Chemical & Fertilizer Industry's Operating Income for the three months ended in Mar. 2024 was MUR 3 Mil. Mauritius Chemical & Fertilizer Industry's Interest Expense for the three months ended in Mar. 2024 was MUR -9 Mil. Mauritius Chemical & Fertilizer Industry's Interest Coverage for the quarter that ended in Mar. 2024 was 0.38. 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.

Mauritius Chemical & Fertilizer Industry Interest Expense Historical Data

The historical data trend for Mauritius Chemical & Fertilizer Industry'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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Mauritius Chemical & Fertilizer Industry Interest Expense Chart

Mauritius Chemical & Fertilizer Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-21.90

-28.68

-29.06

-35.62

-34.56

Mauritius Chemical & Fertilizer Industry Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-4.65	-11.19	-11.60	-3.08	-8.52

Mauritius Chemical & Fertilizer Industry 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MUR-34 Mil.

Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) 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.

Mauritius Chemical & Fertilizer Industry's Interest Expense for the three months ended in Mar. 2024 was MUR-9 Mil. Its Operating Income for the three months ended in Mar. 2024 was MUR3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was MUR0 Mil.

Mauritius Chemical & Fertilizer Industry's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	3.243	/	-8.515
	=	0.38

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

Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Mauritius Chemical & Fertilizer Industry Ltd (XMAU:MCFI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

18, Edith Cavell Street, Chaussee Tromelin, Fort George, Port Louis, MUS

Website

https://www.ingenia.mu

Mauritius Chemical & Fertilizer Industry Ltd is engaged in the manufacturing of (NPK) complex, blending, and trading of fertilizers. The company operates through three business segments namely Fertilizers, Trading, and Contracting. The company generates the majority of its revenue from the trading segment. The company geographically operates its business in Mauritius, Reunion, Madagascar, and Africa. The company generates the majority of its revenue from Mauritius geographically.

Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Headlines

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