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Monash IVF Group (ASX:MVF) Interest Expense : A$-2.0 Mil (TTM As of Dec. 2023)


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What is Monash IVF Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Monash IVF Group's interest expense for the six months ended in Dec. 2023 was A$ -1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.0 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. Monash IVF Group's Operating Income for the six months ended in Dec. 2023 was A$ 20.3 Mil. Monash IVF Group's Interest Expense for the six months ended in Dec. 2023 was A$ -1.3 Mil. Monash IVF Group's Interest Coverage for the quarter that ended in Dec. 2023 was 15.44. 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.

Monash IVF Group Interest Expense Historical Data

The historical data trend for Monash IVF Group'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.

Monash IVF Group Interest Expense Chart

Monash IVF Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.81 -4.67 -1.07 -0.43 -1.23

Monash IVF Group 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 -0.20 -0.23 -0.51 -0.72 -1.31

Monash IVF Group 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 A$-2.0 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.

Monash IVF Group  (ASX:MVF) 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.

Monash IVF Group's Interest Expense for the six months ended in Dec. 2023 was A$-1.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$20.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$72.0 Mil.

Monash IVF Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*20.274/-1.313
=15.44

* 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.

Monash IVF Group (ASX:MVF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Monash IVF Group Ltd (ASX:MVF) » Definitions » Interest Expense
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Traded in Other Exchanges
MIS:Germany
Address
510 Church Street, Level 1, Cremorne, Cremorne, VIC, AUS, 3121
Website
https://www.monashivfgroup.com.au
Monash IVF Group Ltd is a specialist assisted reproductive services provider. The company offers specialist diagnostic obstetric and gynaecological ultrasound and fertility treatments. The company's operating segment includes Australia and International. It generates maximum revenue from the Australian segment. Australian segment is a provider of Assisted Reproductive Services, Ultrasound, and other related services. The International segment is a provider of Assisted Reproductive Services in Malaysia.