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M J Maillis (ATH:MAIK) Interest Expense : €-16.9 Mil (TTM As of Dec. 2014)


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What is M J Maillis Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M J Maillis's interest expense for the three months ended in Dec. 2014 was € -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was €-16.9 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 J Maillis's Operating Income for the three months ended in Dec. 2014 was € 5.6 Mil. M J Maillis's Interest Expense for the three months ended in Dec. 2014 was € -2.7 Mil. M J Maillis's Interest Coverage for the quarter that ended in Dec. 2014 was 2.09. 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 J Maillis Interest Expense Historical Data

The historical data trend for M J Maillis'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 J Maillis Interest Expense Chart

M J Maillis Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.60 -28.63 -18.67 -19.38 -16.94

M J Maillis Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -5.35 -5.34 -6.68 -2.25 -2.67

M J Maillis 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-16.9 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 J Maillis  (ATH:MAIK) 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 J Maillis's Interest Expense for the three months ended in Dec. 2014 was €-2.7 Mil. Its Operating Income for the three months ended in Dec. 2014 was €5.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2014 was €86.9 Mil.

M J Maillis's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2014 )/Interest Expense (Q: Dec. 2014 )
=-1*5.586/-2.668
=2.09

* 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 J Maillis (ATH:MAIK) Business Description

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M J Maillis SA was founded in 1968. The Company is engaged in the manufacture and distribution of end-of-line industrial solutions. It manufactures and distributes complete secondary packaging systems, machines & packaging materials in Strapping, Wrapping and Case Handling including also hand strapping tools. Its segments includes West Europe: Germany, Belgium, France, UK, Austria, Spain, Luxembourg; Central Europe: Poland, Hungary, Czech, Slovakia; Greece & East Europe: Greece, Romania, Bulgaria; North America; Italy includes also Combi Packaging Systems. Its products include Strapping Systems: Strapping tools, Strapping machines, Strapping consumables (steel, PP, PET), textile bands; Wrapping Systems: Stretch Wrapping machines, Stretch film; and Case Handling Systems: Case erectors, Case Packers, Case sealers, Single Block Hand Packing Stations, Tape Dispensers, Flexographic machines.

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