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Magyar Telekom (BUD:MTELEKOM) Interest Expense : Ft-24,068 Mil (TTM As of Mar. 2024)


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What is Magyar Telekom Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Magyar Telekom's interest expense for the three months ended in Mar. 2024 was Ft -5,409 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Ft-24,068 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. Magyar Telekom's Operating Income for the three months ended in Mar. 2024 was Ft 49,340 Mil. Magyar Telekom's Interest Expense for the three months ended in Mar. 2024 was Ft -5,409 Mil. Magyar Telekom's Interest Coverage for the quarter that ended in Mar. 2024 was 9.12. 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.


Magyar Telekom Interest Expense Historical Data

The historical data trend for Magyar Telekom'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.

Magyar Telekom Interest Expense Chart

Magyar Telekom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14,291.00 -12,107.00 -13,767.00 -17,596.00 -25,002.00

Magyar Telekom 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6,343.00 -6,157.00 -6,525.00 -5,977.00 -5,409.00

Magyar Telekom 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 Ft-24,068 Mil.

* 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.


Magyar Telekom  (BUD:MTELEKOM) 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.

Magyar Telekom's Interest Expense for the three months ended in Mar. 2024 was Ft-5,409 Mil. Its Operating Income for the three months ended in Mar. 2024 was Ft49,340 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Ft182,588 Mil.

Magyar Telekom'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*49340/-5409
=9.12

* 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.


Magyar Telekom (BUD:MTELEKOM) Business Description

Traded in Other Exchanges
Address
Konyves Kalman Korut. 36, Budapest, HUN, 1097
Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.

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