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Mapfre Middlesea (MAL:MMS) Interest Expense : €0.0 Mil (TTM As of Dec. 2023)


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What is Mapfre Middlesea Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mapfre Middlesea's interest expense for the six months ended in Dec. 2023 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €0.0 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. Mapfre Middlesea's Operating Income for the six months ended in Dec. 2023 was € 0.0 Mil. Mapfre Middlesea's Interest Expense for the six months ended in Dec. 2023 was € 0.0 Mil. GuruFocus does not calculate Mapfre Middlesea's interest coverage with the available data. 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.


Mapfre Middlesea Interest Expense Historical Data

The historical data trend for Mapfre Middlesea'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.

Mapfre Middlesea Interest Expense Chart

Mapfre Middlesea 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 -15.70 -8.63 -11.37 -1.31 -5.93

Mapfre Middlesea Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Mapfre Middlesea 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 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.


Mapfre Middlesea  (MAL:MMS) 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.

Mapfre Middlesea's Interest Expense for the six months ended in Dec. 2023 was €0.0 Mil. Its EBIT for the six months ended in Dec. 2023 was €0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €1.7 Mil.

Mapfre Middlesea's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Mapfre Middlesea's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mapfre Middlesea PLC has enough cash to cover all of its debt. Its financial situation is stable.


Mapfre Middlesea (MAL:MMS) Business Description

Traded in Other Exchanges
N/A
Address
Middle Sea House, Floriana, MLT, FRN1442
Mapfre Middlesea PLC is an insurance company. The company provides car and motor, home, travel, health, boat, and other insurance products. It provides services to individuals and businesses. The company's reportable segments are General Business and Long Term Business. The majority of the revenue is generated from the long term business. The group operates only in Malta.