mF International (mF International) Interest Expense

: $ Mil (TTM As of Dec. 2022)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. mF International's interest expense for the six months ended in Dec. 2022 was $ -0.06 Mil. mF International does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. mF International's Operating Income for the six months ended in Dec. 2022 was $ 1.06 Mil. mF International's Interest Expense for the six months ended in Dec. 2022 was $ -0.06 Mil. mF International's Interest Coverage for the quarter that ended in Dec. 2022 was 18.65. 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.

mF International Interest Expense Historical Data

The historical data trend for mF International'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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mF International Annual Data

Trend

Dec21

Dec22

Interest Expense

-0.06

mF International Semi-Annual Data
	Dec21	Dec22
Interest Expense	-0.06	-0.06

mF International Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

mF International (NAS:MFI) 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.

mF International's Interest Expense for the six months ended in Dec. 2022 was $-0.06 Mil. Its Operating Income for the six months ended in Dec. 2022 was $1.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was $1.29 Mil.

mF International's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	1.063	/	-0.057
	=	18.65

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

mF International (mF International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » mF International Ltd (NAS:MFI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

77-79 Gloucester Road, Unit 1801, Fortis Tower, Wan Chai, Hong Kong, HKG

Website

https://www.m-finance.com

mF International Ltd is a holding company and all of its operations are carried out by Operating Subsidiaries in Hong Kong. It is a financial trading solution provider principally engaged in the development and provision of financial trading solutions. It has approximately 20 years of experience in providing real-time mission-critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients via internet or platform as software as a service. The company has provided a wide range of top-notch services, including mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform Broker Plus Solution, Social Trading Applications and others.

mF International (mF International) Headlines

From GuruFocus

mF International Limited Announces Pricing of Initial Public Offering

By GlobeNewswire • 04-20-2024