National Investment Trust (XMAU:NIT) Interest Expense : MUR0.00 Mil (TTM As of Mar. 2024)

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What is National Investment Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Investment Trust's interest expense for the three months ended in Mar. 2024 was MUR 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MUR0.00 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. National Investment Trust's Operating Income for the three months ended in Mar. 2024 was MUR -12.32 Mil. National Investment Trust's Interest Expense for the three months ended in Mar. 2024 was MUR 0.00 Mil. National Investment Trust 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.

National Investment Trust Interest Expense Historical Data

The historical data trend for National Investment Trust'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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National Investment Trust Interest Expense Chart

National Investment Trust Annual Data

Trend

Jun14

Jun15

Jun16

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Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.07

-0.17

-0.05

-0.20

-0.19

National Investment Trust 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															-	-	-	-	-

National Investment Trust 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 MUR0.00 Mil.

National Investment Trust (XMAU:NIT) 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.

National Investment Trust's Interest Expense for the three months ended in Mar. 2024 was MUR0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was MUR-12.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was MUR0.00 Mil.

National Investment Trust's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

National Investment Trust had no long-term debt ⁽¹⁾.

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

Good Sign:

National Investment Trust Ltd has no debt.

National Investment Trust (XMAU:NIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » National Investment Trust Ltd (XMAU:NIT) » Definitions » Interest Expense

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Address

Sir William Newton Street, Level 8, Newton Tower, Port Louis, MUS, 11328

Website

https://www.nitmru.com

National Investment Trust Ltd is a closed-end fund. It invests in shares and securities in both the local and international markets. The investment objective of the NIT Local Equity Fund is to produce both income and capital growth from a diversified portfolio of domestic securities. The company has eight Funds under namely, the NIT Local Equity Fund, NIT Global Opportunities Fund, NIT North America Fund, NIT Europe Fund, NIT Emerging Markets Fund, NIT Global Healthcare Fund, NIT Global Bond Fund and the NIT Global Value.

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