Marshall Monteagle (JSE:MMP) Interest Expense : R-43 Mil (TTM As of Sep. 2023)

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What is Marshall Monteagle Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marshall Monteagle's interest expense for the six months ended in Sep. 2023 was R -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was R-43 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. Marshall Monteagle's Operating Income for the six months ended in Sep. 2023 was R 8 Mil. Marshall Monteagle's Interest Expense for the six months ended in Sep. 2023 was R -18 Mil. Marshall Monteagle's Interest Coverage for the quarter that ended in Sep. 2023 was 0.43. 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.

Marshall Monteagle Interest Expense Historical Data

The historical data trend for Marshall Monteagle'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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Marshall Monteagle Interest Expense Chart

Marshall Monteagle Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Mar23

Interest Expense

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-30.50

-31.30

-28.01

-27.71

-39.08

Marshall Monteagle Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-7.78	-12.17	-13.64	-24.92	-17.79

Marshall Monteagle 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-43 Mil.

Marshall Monteagle (JSE:MMP) 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.

Marshall Monteagle's Interest Expense for the six months ended in Sep. 2023 was R-18 Mil. Its Operating Income for the six months ended in Sep. 2023 was R8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was R121 Mil.

Marshall Monteagle's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	7.719	/	-17.79
	=	0.43

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

Marshall Monteagle (JSE:MMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Marshall Monteagle PLC (JSE:MMP) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

66-72 Esplanade, 2nd Floor, Gaspe House, Saint Helier, JEY, JE1 1GH

Website

https://www.monteaglegroup.com

Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; primarily imports to South Africa and Latin America, and exports from South Africa.