MultiChoice Group (MultiChoice Group) Interest Expense : $-88 Mil (TTM As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is MultiChoice Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MultiChoice Group's interest expense for the six months ended in Sep. 2023 was $ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-88 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. MultiChoice Group's Operating Income for the six months ended in Sep. 2023 was $ 269 Mil. MultiChoice Group's Interest Expense for the six months ended in Sep. 2023 was $ -46 Mil. MultiChoice Group's Interest Coverage for the quarter that ended in Sep. 2023 was 5.85. 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.

MultiChoice Group Interest Expense Historical Data

The historical data trend for MultiChoice 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.

MultiChoice Group Interest Expense Chart

MultiChoice Group Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-99.89

-62.31

-72.17

-80.88

-79.85

MultiChoice Group Semi-Annual Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial							-40.16	-41.71	-39.32	-41.95	-46.08

MultiChoice 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-88 Mil.

MultiChoice Group (OTCPK:MCHOY) 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.

MultiChoice Group's Interest Expense for the six months ended in Sep. 2023 was $-46 Mil. Its Operating Income for the six months ended in Sep. 2023 was $269 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $966 Mil.

MultiChoice Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	269.381	/	-46.083
	=	5.85

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

MultiChoice Group (MultiChoice Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MultiChoice Group Ltd (OTCPK:MCHOY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MCG:South Africa MCOIF:USA 30R:Germany

Address

144 Bram Fischer Drive, MultiChoice City, Randburg, Johannesburg, GT, ZAF, 2194

Website

https://www.multichoice.com

MultiChoice Group Ltd is an entertainment company providing video entertainment to the African Markets. It provides its content through Direct To Home (DTH), Digital Terrestrial Television (DTT) and online video entertainment services. The entertainment platforms of the company include GOtv, Showmax, DStv, and others. Its geographical segment includes South Africa; the Rest of Africa as well as the Technology segment. The company derives a majority of its revenue from South Africa.