Mirvac Group (ASX:MGR) Interest Expense: A$-182 Mil (TTM As of Dec. 2025)


ASX:MGR Mirvac Group ASX:MGR
69 GF Score
Price A$1.71
GF Value A$2.30
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Mirvac Group Interest Expense?

Mirvac Group ASX:MGR +0.59% 69 Interest Expense is A$-182 Mil as of Dec. 2025. GuruFocus rates ASX:MGR with a GF Score™ of 69/100 and a GF Value™ of A$2.30 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mirvac Group's interest expense for the six months ended in Dec. 2025 was A$ -93 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$-182 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. Mirvac Group's Operating Income for the six months ended in Dec. 2025 was A$ 223 Mil. Mirvac Group's Interest Expense for the six months ended in Dec. 2025 was A$ -93 Mil. Mirvac Group's Interest Coverage for the quarter that ended in Dec. 2025 was 2.40. 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.

Mirvac Group  (ASX:MGR) 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.

Mirvac Group's Interest Expense for the six months ended in Dec. 2025 was A$-93 Mil. Its Operating Income for the six months ended in Dec. 2025 was A$223 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2025 was A$3,972 Mil.

Mirvac Group's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*223/-93
=2.40

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mirvac Group interest coverage is 1.9, which is low.

Mirvac Group Interest Expense Historical Data

* Premium members only.

The historical data trend for Mirvac 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.

Mirvac Group Interest Expense Chart

Mirvac Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -109.00 -93.00 -150.00 -196.00 -179.00

Mirvac Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -93.00 -103.00 -90.00 -89.00 -93.00
ASX:MGR
69GF Score
Mirvac Group ASX:MGR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mirvac 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-182 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of A$-182 Mil mean?
Mirvac Group (ASX:MGR) has a Interest Expense of A$-182 Mil as of Dec. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mirvac Group and its competitors.
Is Mirvac Group's Interest Expense too high?
Mirvac Group's current Interest Expense is A$-182 Mil. Overall, Mirvac Group has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirvac Group's Interest Expense compare to VICI and WPC?
Mirvac Group's Interest Expense of A$-182 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mirvac Group and its competitors. Mirvac Group's current Interest Expense is A$-182 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirvac Group stock overvalued right now?
Based on GuruFocus' analysis, Mirvac Group (ASX:MGR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.30, compared to a current price of A$1.71 — trading 25.7% below its estimated fair value. The current Interest Expense is A$-182 Mil. Mirvac Group's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mirvac Group (ASX:MGR), the current Interest Expense is A$-182 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mirvac Group (ASX:MGR) Overvalued in 2026?

Based on GuruFocus' analysis, Mirvac Group stock appears to be undervalued. The current stock price of A$1.71 is trading 25.7% below its estimated GF Value™ of A$2.30. GuruFocus considers Mirvac Group to be Modestly Undervalued.

Key valuation signals for ASX:MGR:

  • Interest Expense: A$-182 Mil
  • GF Value™: A$2.30 vs. price of A$1.71 (25.7% below fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the ASX:MGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mirvac Group Business Description

Industry Real EstateREITs
Other Exchanges MRVGF:USA
Address 200 George Street, Level 28, Sydney, NSW, AUS, 2000
Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two-thirds of group earnings. The investment portfolio, by book value, is made up of 50% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around one-fourth of fiscal 2025 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.
69GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.71
Price
A$2.30
GF Value