Marcus & Millichap (Marcus & Millichap) Interest Expense : $-0.9 Mil (TTM As of Dec. 2023)

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What is Marcus & Millichap Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marcus & Millichap's interest expense for the three months ended in Dec. 2023 was $ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.9 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. Marcus & Millichap's Operating Income for the three months ended in Dec. 2023 was $ -17.2 Mil. Marcus & Millichap's Interest Expense for the three months ended in Dec. 2023 was $ -0.2 Mil. Marcus & Millichap 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.

Marcus & Millichap Interest Expense Historical Data

The historical data trend for Marcus & Millichap'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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Marcus & Millichap Interest Expense Chart

Marcus & Millichap Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.39

-0.90

-0.58

-0.71

-0.89

Marcus & Millichap Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.16	-0.22	-0.22	-0.24	-0.22

Marcus & Millichap 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 quarterly data reported by the company within the most recent 12 months, which was $-0.9 Mil.

Marcus & Millichap (NYSE:MMI) 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.

Marcus & Millichap's Interest Expense for the three months ended in Dec. 2023 was $-0.2 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-17.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $69.4 Mil.

Marcus & Millichap's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Marcus & Millichap did not have earnings to cover the interest expense.

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

Marcus & Millichap (Marcus & Millichap) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Marcus & Millichap Inc (NYSE:MMI) » Definitions » Interest Expense

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Traded in Other Exchanges

M6M:Germany

Address

23975 Park Sorrento, Suite 400, Calabasas, CA, USA, 91302

Website

https://www.marcusmillichap.com

Marcus & Millichap Inc is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory, and consulting services. The company generates revenues by collecting fees on the sale and financing of commercial properties. These fees consist of commissions collected upon the sale of a property and fees collected from the placement of loans.

Executives

Richard D. Matricaria	officer: EVP & COO - Western Division	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Gregory A. Laberge	officer: Chief Administrative Officer	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Don C. Watters	director	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
John David Parker	officer: EVP & COO - Eastern Division	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Hessam Nadji	officer: Chief Strategy Officer	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
English Dixon Collete	director	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
George M Marcus	director	1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Phoenix Investments Holdings Llc	10 percent owner	777 S. CALIFORNIA AVENUE, PALO ALTO CA 94304
Martin E. Louie	officer: Chief Financial Officer	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Steven F. Degennaro	officer: EVP and CFO	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Lauralee Martin	director	JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Mitchell R Labar	officer: Executive VP and COO	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
George T Shaheen	director
William E. Hughes	officer: SVP Marcus & Millichap Capital	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Kurt Henry Schwarz	officer: Chief Accounting Officer	C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302