Mafia Trends (BOM:543613) Interest Expense : ₹-2.45 Mil (TTM As of Mar. 2024)

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What is Mafia Trends Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mafia Trends's interest expense for the six months ended in Mar. 2024 was ₹ -2.45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2.45 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. Mafia Trends's Operating Income for the six months ended in Mar. 2024 was ₹ 5.46 Mil. Mafia Trends's Interest Expense for the six months ended in Mar. 2024 was ₹ -2.45 Mil. Mafia Trends's Interest Coverage for the quarter that ended in Mar. 2024 was 2.23. 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.

Mafia Trends Interest Expense Historical Data

The historical data trend for Mafia Trends'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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Mafia Trends Interest Expense Chart

Mafia Trends Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-4.22

-1.76

-2.42

-2.81

-2.45

Mafia Trends Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Interest Expense	-4.22	-1.76	-2.42	-2.81	-2.45

Mafia Trends Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2.45 Mil.

Mafia Trends (BOM:543613) 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.

Mafia Trends's Interest Expense for the six months ended in Mar. 2024 was ₹-2.45 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹5.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0.00 Mil.

Mafia Trends'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	*	5.463	/	-2.453
	=	2.23

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

Mafia Trends (BOM:543613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mafia Trends Ltd (BOM:543613) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sandesh Press Road, 1, Prabhu Kutir Complex, Vastrapur, Ahmedabad, GJ, IND, 380 015

Website

http://www.mafiastores.com

Mafia Trends Ltd is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts. The Company is engaged solely into the business of trading of apparels and readymade garments which is their only reportable segment.

Mafia Trends (BOM:543613) Headlines

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