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Makedonija Turist AD (XMAE:MTUR) Interest Expense : MKD-0.1 Mil (TTM As of Mar. 2024)


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What is Makedonija Turist AD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Makedonija Turist AD's interest expense for the three months ended in Mar. 2024 was MKD -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MKD-0.1 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. Makedonija Turist AD's Operating Income for the three months ended in Mar. 2024 was MKD -5.2 Mil. Makedonija Turist AD's Interest Expense for the three months ended in Mar. 2024 was MKD -0.1 Mil. Makedonija Turist AD 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.


Makedonija Turist AD Interest Expense Historical Data

The historical data trend for Makedonija Turist AD'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.

Makedonija Turist AD Interest Expense Chart

Makedonija Turist AD 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 -0.01 - -0.01 -0.17 -0.08

Makedonija Turist AD 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 -0.15 -0.18 -0.28 0.53 -0.15

Makedonija Turist AD 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 MKD-0.1 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.


Makedonija Turist AD  (XMAE:MTUR) 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.

Makedonija Turist AD's Interest Expense for the three months ended in Mar. 2024 was MKD-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was MKD-5.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was MKD0.0 Mil.

Makedonija Turist AD's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Makedonija Turist AD did not have earnings to cover the interest expense.

* 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:

Makedonija Turist AD has no debt.


Makedonija Turist AD (XMAE:MTUR) Business Description

Traded in Other Exchanges
N/A
Address
Filip Vtori Makedonski br.5, Skopje, MKD, 1000
Makedonija Turist AD provides tourism, catering and hotel services. It operates hotels offering short and longer stays, conference rooms, business center, fitness center and sauna. Its hotel properties include Holiday Inn Skopje, Best Western Hotel Turist, Hotel Karpos, Hotel Bellevue and Hotel Vodno. The company also operates Ogniste Restaurant.

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