MBN (OSNDF) Interest Expense : $0.00 Mil (TTM As of Dec. 2021)

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What is MBN Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MBN's interest expense for the six months ended in Dec. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was $0.00 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. MBN's Operating Income for the six months ended in Dec. 2021 was $ 0.18 Mil. MBN's Interest Expense for the six months ended in Dec. 2021 was $ 0.00 Mil. MBN has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

MBN Interest Expense Historical Data

The historical data trend for MBN'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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MBN Interest Expense Chart

MBN Annual Data

Trend

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Interest Expense

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MBN Semi-Annual Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

MBN 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

MBN (GREY:OSNDF) 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.

MBN's Interest Expense for the six months ended in Dec. 2021 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2021 was $0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2021 was $0.00 Mil.

MBN's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

MBN had no long-term debt ⁽¹⁾.

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

MBN (OSNDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MBN Corp (GREY:OSNDF) » Definitions » Interest Expense

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Address

812 Memorial Drive NW, Calgary, AB, CAN, T2N 3C8

Website

https://www.middlefield.com

MBN Corp is an investment management company. It manages investment products for individual and institutional investors. Its products include mutual funds, closed-end funds, private and public resource funds, and real estate funds. Its objective is to create long-term value through a dual-track strategy of growing the company's assets under management through mergers with other investment funds, and pursuing opportunities with the broader financial services sector to acquire investment management companies and/or establish such companies working with proven investment managers.

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