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M P Evans Group (AQSE:MPE.GB) Interest Expense : £-3.1 Mil (TTM As of Jun. 2024)


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What is M P Evans Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M P Evans Group's interest expense for the six months ended in Jun. 2024 was £ -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was £-3.1 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. M P Evans Group's Operating Income for the six months ended in Jun. 2024 was £ 32.0 Mil. M P Evans Group's Interest Expense for the six months ended in Jun. 2024 was £ -1.4 Mil. M P Evans Group's Interest Coverage for the quarter that ended in Jun. 2024 was 22.16. 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.


M P Evans Group Interest Expense Historical Data

The historical data trend for M P Evans 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.

M P Evans Group Interest Expense Chart

M P Evans Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.86 -2.54 -2.03 -2.24 -3.01

M P Evans Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.94 -1.30 -1.33 -1.68 -1.45

M P Evans 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.1 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.


M P Evans Group  (AQSE:MPE.GB) 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.

M P Evans Group's Interest Expense for the six months ended in Jun. 2024 was £-1.4 Mil. Its Operating Income for the six months ended in Jun. 2024 was £32.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was £16.0 Mil.

M P Evans Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*32.018/-1.445
=22.16

* 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.


M P Evans Group Business Description

Traded in Other Exchanges
Address
3 Clanricarde Gardens, Tunbridge Wells, Kent, GBR, TN1 1HQ
M P Evans Group PLC operates oil palm plantations in Indonesia and has an investment in a property company in Malaysia. The company's business includes plantation crops which are used to grow oil palms and harvest fresh fruit bunches. It operates through segments namely, palm oil plantation crops in Indonesia and property development in Malaysia and Others. The company generates the majority of its revenue from palm oil plantation crops in Indonesia.

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