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MPICO (MSW:MPICO) Interest Expense : MWK Mil (TTM As of . 20)


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What is MPICO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MPICO's interest expense for the six months ended in . 20 was MWK 0.00 Mil. MPICO does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. MPICO's Operating Income for the six months ended in . 20 was MWK 0.00 Mil. MPICO's Interest Expense for the six months ended in . 20 was MWK 0.00 Mil. MPICO 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.


MPICO Interest Expense Historical Data

The historical data trend for MPICO'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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MPICO Interest Expense Chart

MPICO Annual Data
Trend
Interest Expense

MPICO Semi-Annual Data
Interest Expense

MPICO Interest Expense Calculation

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


MPICO  (MSW:MPICO) 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.

MPICO's Interest Expense for the six months ended in . 20 was MWK0.00 Mil. Its Operating Income for the six months ended in . 20 was MWK0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was MWK0.00 Mil.

MPICO's Interest Coverage for the quarter that ended in . 20 is calculated as

MPICO had no long-term debt (1).

* 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.


MPICO (MSW:MPICO) Business Description

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Address
Old Mutual House, P.O Box 30459, Robert Mugabe Crescent, Lilongwe, MWI, 3
MPICO PLC is a Malawi property holding company. The company is engaged in the ownership, leasing, management and development of commercial, residential and industrial property. It offers consultancy services for property development, property management and property valuation.

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