MFH (Mercurity Fintech Holding) Interest Expense : $0.00 Mil (TTM As of Dec. 2024)

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What is Mercurity Fintech Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mercurity Fintech Holding's interest expense for the six months ended in Dec. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 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. Mercurity Fintech Holding's Operating Income for the six months ended in Dec. 2024 was $ -0.75 Mil. Mercurity Fintech Holding's Interest Expense for the six months ended in Dec. 2024 was $ 0.00 Mil. Mercurity Fintech Holding 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.

Mercurity Fintech Holding Interest Expense Historical Data

The historical data trend for Mercurity Fintech Holding'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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Mercurity Fintech Holding Interest Expense Chart

Mercurity Fintech Holding Annual Data

Trend

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Dec24

Interest Expense

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-0.20

Mercurity Fintech Holding Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-	-0.12	-0.08	-	-

Mercurity Fintech Holding 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

Mercurity Fintech Holding (NAS:MFH) 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.

Mercurity Fintech Holding's Interest Expense for the six months ended in Dec. 2024 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-0.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $0.00 Mil.

Mercurity Fintech Holding's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Mercurity Fintech Holding had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mercurity Fintech Holding Inc has enough cash to cover all of its debt. Its financial situation is stable.

Mercurity Fintech Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mercurity Fintech Holding Inc (NAS:MFH) » Definitions » Interest Expense

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Address

1330 Avenue of Americas, Fl 33, New York, NY, USA, 10019

Website

https://www.mercurityfintech.com

Mercurity Fintech Holding Inc is a New York-based digital fintech leader providing access to the rapidly growing AI-powered infrastructure, blockchain, and digital assets sectors. Its three core business lines include: 1. Blockchain and digital asset solutions. 2. AI and HPC infrastructure, specializing in developing liquid cooling solutions for AI data centers. 3. Comprehensive financial services.