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Mangalore Refinery and Petrochemicals (BOM:500109) Interest Expense : ₹-11,138 Mil (TTM As of Mar. 2024)


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What is Mangalore Refinery and Petrochemicals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mangalore Refinery and Petrochemicals's interest expense for the three months ended in Mar. 2024 was ₹ -2,617 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-11,138 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. Mangalore Refinery and Petrochemicals's Operating Income for the three months ended in Mar. 2024 was ₹ 19,967 Mil. Mangalore Refinery and Petrochemicals's Interest Expense for the three months ended in Mar. 2024 was ₹ -2,617 Mil. Mangalore Refinery and Petrochemicals's Interest Coverage for the quarter that ended in Mar. 2024 was 7.63. 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.

Mangalore Refinery and Petrochemicals Interest Expense Historical Data

The historical data trend for Mangalore Refinery and Petrochemicals'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.

Mangalore Refinery and Petrochemicals Interest Expense Chart

Mangalore Refinery and Petrochemicals 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 -8,814.95 -4,410.52 -8,765.63 -12,852.60 -11,138.40

Mangalore Refinery and Petrochemicals 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 -3,299.70 -2,672.90 -3,111.70 -2,736.40 -2,617.40

Mangalore Refinery and Petrochemicals 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 ₹-11,138 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.

Mangalore Refinery and Petrochemicals  (BOM:500109) 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.

Mangalore Refinery and Petrochemicals's Interest Expense for the three months ended in Mar. 2024 was ₹-2,617 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹19,967 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹91,232 Mil.

Mangalore Refinery and Petrochemicals'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*19966.8/-2617.4
=7.63

* 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.

Mangalore Refinery and Petrochemicals (BOM:500109) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mangalore Refinery and Petrochemicals Ltd (BOM:500109) » Definitions » Interest Expense
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Traded in Other Exchanges
MRPL:India
Address
Mudapadav, Post. Kuthethoor, Via Katipalla, Mangaluru, KA, IND, 575030
Website
https://www.mrpl.co.in
Mangalore Refinery and Petrochemicals Ltd are engaged in the manufacturing of Refined Petroleum Products. It generates revenue from High speed Diesel (HSD) and Motor Spirit (MS). Geographically, it derives a majority of revenue from India. It has Petroleum Products as single reportable segment.

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