MINISO Group Holding (MINISO Group Holding) Interest Expense : $-7 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is MINISO Group Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MINISO Group Holding's interest expense for the three months ended in Mar. 2024 was $ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-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. MINISO Group Holding's Operating Income for the three months ended in Mar. 2024 was $ 102 Mil. MINISO Group Holding's Interest Expense for the three months ended in Mar. 2024 was $ -2 Mil. MINISO Group Holding's Interest Coverage for the quarter that ended in Mar. 2024 was 46.02. 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.

MINISO Group Holding Interest Expense Historical Data

The historical data trend for MINISO Group Holding'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.

MINISO Group Holding Interest Expense Chart

MINISO Group Holding Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-3.66

-4.43

-4.41

-4.99

-4.84

MINISO Group Holding 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															-1.26	-1.35	-1.57	-1.92	-2.21

MINISO Group Holding 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 $-7 Mil.

MINISO Group Holding (NYSE:MNSO) 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.

MINISO Group Holding's Interest Expense for the three months ended in Mar. 2024 was $-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was $102 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $120 Mil.

MINISO Group Holding's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	101.655	/	-2.209
	=	46.02

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. MINISO Group Holding Ltd has enough cash to cover all of its debt. Its financial situation is stable.

MINISO Group Holding (MINISO Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MINISO Group Holding Ltd (NYSE:MNSO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MNSO:Mexico 09896:Hong Kong MIF0:Germany

Address

No. 109, Pazhou Avenue, 8th Floor, M Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510000

Website

https://www.miniso.com

MINISO Group Holding Ltd is a retailer offering a variety of design-led lifestyle products. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand, which is engaged in the Design, buying and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying and sale of pop toys. The company generates maximum revenue from the MINISO brand segment. Geographically, it derives a majority of its revenue from China.