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Miteri Development Bank (XNEP:MDB) Interest Expense : NPR-507.7 Mil (TTM As of Oct. 2024)


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What is Miteri Development Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Miteri Development Bank's interest expense for the three months ended in Oct. 2024 was NPR -108.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was NPR-507.7 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. Miteri Development Bank's Operating Income for the three months ended in Oct. 2024 was NPR Mil. Miteri Development Bank's Interest Expense for the three months ended in Oct. 2024 was NPR Mil. 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.


Miteri Development Bank Interest Expense Historical Data

The historical data trend for Miteri Development Bank'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.

Miteri Development Bank Interest Expense Chart

Miteri Development Bank Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -444.58 -348.77 -451.77 -629.97 -558.91

Miteri Development Bank Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -159.39 -144.25 -129.08 -126.19 -108.18

Miteri Development Bank 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR-507.7 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.


Miteri Development Bank Business Description

Traded in Other Exchanges
N/A
Address
Mahendrapath - 12, Dharan, NPL
Miteri Development Bank Ltd provides banking products and services. The company offers services including saving deposits, fixed deposits, and loans including small business loans, term loans, real estate loans, and loans against FD.