Milestone Furniture (BOM:541337) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2023)

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What is Milestone Furniture Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Milestone Furniture's interest expense for the six months ended in Mar. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹0.00 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 Furniture's Operating Income for the six months ended in Mar. 2023 was ₹ 19.59 Mil. Milestone Furniture's Interest Expense for the six months ended in Mar. 2023 was ₹ 0.00 Mil. GuruFocus does not calculate Milestone Furniture's interest coverage with the available data. 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 Furniture Interest Expense Historical Data

The historical data trend for Milestone Furniture'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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Milestone Furniture Interest Expense Chart

Milestone Furniture Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.93

-0.01

-0.03

-0.02

Milestone Furniture Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Interest Expense	Get a 7-Day Free Trial										0.01	-0.02	-0.01	-	-

Milestone Furniture 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.00 Mil.

Milestone Furniture (BOM:541337) 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.

Milestone Furniture's Interest Expense for the six months ended in Mar. 2023 was ₹0.00 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹19.59 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹2.77 Mil.

Milestone Furniture's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

GuruFocus does not calculate Milestone Furniture's interest coverage with the available data.

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

Milestone Furniture (BOM:541337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Milestone Furniture Ltd (BOM:541337) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wada Manor Road, Survey No.147, House No. 271/1, Met Village, Opposite HP Petrol Pump, Palghar, Thane, MH, IND, 421312

Website

http://www.milestonefurniture.in

Milestone Furniture Ltd is engaged in the field of the household furniture business. It manufactures home and office furniture and is also involved in home and office design. The product portfolio includes basic plastic chair/ plastic storage solution/ Dining Tables into all segments like bedroom, dining, living room, essentials and mattresses which are needed at different points during their aspirational home building journey. The company has also spread its product portfolio to serve the institutional segment especially in segments like office seating, desking, and storage solutions. The product assortment covers both the large institutions and small office/home office's needs.

Milestone Furniture (BOM:541337) Headlines

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