Mukat Pipes (BOM:523832) Interest Expense : ₹-1.45 Mil (TTM As of Mar. 2024)

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What is Mukat Pipes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mukat Pipes's interest expense for the three months ended in Mar. 2024 was ₹ -0.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1.45 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. Mukat Pipes's Operating Income for the three months ended in Mar. 2024 was ₹ -1.03 Mil. Mukat Pipes's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.36 Mil. Mukat Pipes did not have earnings to cover the interest expense. 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.

Mukat Pipes Interest Expense Historical Data

The historical data trend for Mukat Pipes'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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Mukat Pipes Interest Expense Chart

Mukat Pipes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1.28

-1.39

-1.42

-1.44

-1.45

Mukat Pipes 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															-0.36	-0.36	-0.36	-0.37	-0.36

Mukat Pipes 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 ₹-1.45 Mil.

Mukat Pipes (BOM:523832) 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.

Mukat Pipes's Interest Expense for the three months ended in Mar. 2024 was ₹-0.36 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-1.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹35.52 Mil.

Mukat Pipes's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Mukat Pipes did not have earnings to cover the interest expense.

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

Mukat Pipes (BOM:523832) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mukat Pipes Ltd (BOM:523832) » Definitions » Interest Expense

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Address

J.P. Road, Versova, Flat Number 39, Parag Apartments, 7th Floor, Andheri (West), Mumbai, MH, IND, 400061

Website

https://www.mukatpipes.com

Mukat Pipes Ltd is an India-based company that operates in the business of pipes. The company is involved in the manufacturing of Longitudinal and helical pipes. The product offered by the company includes MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes; Spiral SAW pipes; Site pipe fabrication, and Penstock pipes. Geographically, the group operates in India.

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