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Merchant House International (ASX:MHI) Interest Expense : A$-0.01 Mil (TTM As of Mar. 2024)


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What is Merchant House International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Merchant House International's interest expense for the six months ended in Mar. 2024 was A$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was A$-0.01 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. Merchant House International's Operating Income for the six months ended in Mar. 2024 was A$ -3.07 Mil. Merchant House International's Interest Expense for the six months ended in Mar. 2024 was A$ -0.00 Mil. Merchant House International did not have earnings to cover the interest expense. 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.


Merchant House International Interest Expense Historical Data

The historical data trend for Merchant House International'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.

Merchant House International Interest Expense Chart

Merchant House International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.24 -0.12 -0.11 -0.01

Merchant House International Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -0.05 -0.04 -0.07 -0.01 -

Merchant House International 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.01 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.


Merchant House International  (ASX:MHI) 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.

Merchant House International's Interest Expense for the six months ended in Mar. 2024 was A$-0.00 Mil. Its Operating Income for the six months ended in Mar. 2024 was A$-3.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was A$0.01 Mil.

Merchant House International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Merchant House International did not have earnings to cover the interest expense.

* 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.


Merchant House International (ASX:MHI) Business Description

Traded in Other Exchanges
N/A
Address
24 Lee Chung Street, Unit B and C, 10th Floor, E-Trade Plaza, Chai Wan, Hong Kong, HKG
Merchant House International Ltd is engaged in the design, manufacturing, and marketing of home textiles, seasonal and decorative products, and leather shoes. The company's operating segment includes Home textile, Footwear trading, and Footwear manufacturing. It generates maximum revenue from the Footwear trading segment. Geographically, it derives a majority of its revenue from the United States of America.