Mauritius Secondary Industries (XMAU:MSIL.I0000) Interest Expense : MUR-0.26 Mil (TTM As of Dec. 2023)

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What is Mauritius Secondary Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mauritius Secondary Industries's interest expense for the three months ended in Dec. 2023 was MUR -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was MUR-0.26 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 Secondary Industries's Operating Income for the three months ended in Dec. 2023 was MUR 0.22 Mil. Mauritius Secondary Industries's Interest Expense for the three months ended in Dec. 2023 was MUR -0.04 Mil. Mauritius Secondary Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 6.17. 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 Secondary Industries Interest Expense Historical Data

The historical data trend for Mauritius Secondary Industries'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 Secondary Industries Interest Expense Chart

Mauritius Secondary Industries Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Interest Expense

-0.15

-0.33

-0.19

Mauritius Secondary Industries Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial										-	-	-0.19	-0.04	-0.04

Mauritius Secondary Industries 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was MUR-0.26 Mil.

Mauritius Secondary Industries (XMAU:MSIL.I0000) 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 Secondary Industries's Interest Expense for the three months ended in Dec. 2023 was MUR-0.04 Mil. Its Operating Income for the three months ended in Dec. 2023 was MUR0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was MUR0.00 Mil.

Mauritius Secondary Industries's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	0.222	/	-0.036
	=	6.17

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

Mauritius Secondary Industries (XMAU:MSIL.I0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mauritius Secondary Industries Ltd (XMAU:MSIL.I0000) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/O United Bus Service Ltd., Les Cassis, Port Louis, MUS

Website

https://www.accgroup.mu/msi

Mauritius Secondary Industries Ltd is engaged in the retreading of motor vehichle tyres and rental of commercial building. The Company is only engaged in property rental activity locally.

Mauritius Secondary Industries (XMAU:MSIL.I0000) Headlines

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