MarineMax (STU:MLW) Interest Expense : €-63 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is MarineMax Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MarineMax's interest expense for the three months ended in Mar. 2024 was € -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-63 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. MarineMax's Operating Income for the three months ended in Mar. 2024 was € 20 Mil. MarineMax's Interest Expense for the three months ended in Mar. 2024 was € -18 Mil. MarineMax's Interest Coverage for the quarter that ended in Mar. 2024 was 1.10. 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.

MarineMax Interest Expense Historical Data

The historical data trend for MarineMax'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.

MarineMax Interest Expense Chart

MarineMax Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-10.51

-7.87

-3.12

-3.32

-50.01

MarineMax 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															-12.40	-13.66	-14.81	-16.84	-17.82

MarineMax 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 €-63 Mil.

MarineMax (STU:MLW) 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.

MarineMax's Interest Expense for the three months ended in Mar. 2024 was €-18 Mil. Its Operating Income for the three months ended in Mar. 2024 was €20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €459 Mil.

MarineMax'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	*	19.689	/	-17.824
	=	1.10

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

MarineMax (STU:MLW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MarineMax Inc (STU:MLW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HZO:USA

Address

2600 McCormick Drive, Suite 200, Clearwater, FL, USA, 33759

Website

https://www.marinemax.com

MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S.

MarineMax (STU:MLW) Headlines

No Headlines