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Milestone Global (BOM:531338) Interest Expense : ₹-0.1 Mil (TTM As of Mar. 2024)


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What is Milestone Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Milestone Global's interest expense for the three months ended in Mar. 2024 was ₹ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.1 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. Milestone Global's Operating Income for the three months ended in Mar. 2024 was ₹ -0.4 Mil. Milestone Global's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.0 Mil. Milestone Global 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.


Milestone Global Interest Expense Historical Data

The historical data trend for Milestone Global'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.

Milestone Global Interest Expense Chart

Milestone Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.34 -2.28 -1.13 -0.04 -0.06

Milestone Global 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 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 -0.01 - -0.01 - -0.05

Milestone Global 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 ₹-0.1 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.


Milestone Global  (BOM:531338) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Milestone Global's Interest Expense for the three months ended in Mar. 2024 was ₹-0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-0.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

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

Milestone Global did not have earnings to cover the interest expense.

* 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.

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

Good Sign:

Milestone Global Ltd has no debt.


Milestone Global (BOM:531338) Business Description

Traded in Other Exchanges
N/A
Address
Chintamani Road, No. 54-B, Hoskote Industrial Area (KIADB), Hoskote, Bangalore, KA, IND, 562114
Milestone Global Ltd is engaged in the manufacture and sale of Polished Granite Monuments. Principally, it is involved in creating monuments and memorials. The company operates through the stone segment. Its geographical segments include the United States of America, Europe, Canada, and India. The company provides custom designs, multi-pieces, sculpted monuments, and stand-alone sculptures. In addition, it also offers Standard specials, DVTs and wedges, Vases, and urns and unusual sets. The company's unit is located in India's granite belt which enables to have access to approximately over 30 colours of granite.

Milestone Global (BOM:531338) Headlines

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