Mig Holdings (ATH:MIG) Interest Expense: €-3.53 Mil (TTM As of Jun. 2024)


ATH:MIG Mig Holdings SA ATH:MIG
33 GF Score
Price €3.22
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What is Mig Holdings Interest Expense?

Mig Holdings ATH:MIG +0.47% 33 Interest Expense is €-3.53 Mil as of Jun. 2024. GuruFocus rates ATH:MIG with a GF Score™ of 33/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mig Holdings's interest expense for the six months ended in Jun. 2024 was € -1.66 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-3.53 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. Mig Holdings's Operating Income for the six months ended in Jun. 2024 was € 0.53 Mil. Mig Holdings's Interest Expense for the six months ended in Jun. 2024 was € -1.66 Mil. Mig Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 0.32. 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.

Mig Holdings  (ATH:MIG) 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.

Mig Holdings's Interest Expense for the six months ended in Jun. 2024 was €-1.66 Mil. Its Operating Income for the six months ended in Jun. 2024 was €0.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €86.17 Mil.

Mig Holdings'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*0.527/-1.657
=0.32

* 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.

Mig Holdings Interest Expense Historical Data

* Premium members only.

The historical data trend for Mig Holdings'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.

Mig Holdings Interest Expense Chart

Mig Holdings 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 -43.84 -42.44 -21.33 -24.62 -13.23

Mig Holdings 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 -10.65 -13.97 -11.36 -1.87 -1.66
ATH:MIG
33GF Score
Mig Holdings SA ATH:MIG
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mig Holdings 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 €-3.53 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 €-3.53 Mil mean?
Mig Holdings (ATH:MIG) has a Interest Expense of €-3.53 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mig Holdings and its competitors.
Is Mig Holdings' Interest Expense too high?
Mig Holdings' current Interest Expense is €-3.53 Mil. Overall, Mig Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Mig Holdings' Interest Expense compare to CBRE and CSGP?
Mig Holdings' Interest Expense of €-3.53 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Interest Expense depends on the Real Estate 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 Mig Holdings and its competitors. Mig Holdings's current Interest Expense is €-3.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mig Holdings stock overvalued right now?
Mig Holdings (ATH:MIG) has a current Interest Expense of €-3.53 Mil. The current Interest Expense is €-3.53 Mil. Mig Holdings' overall GF Score™ is 33/100. 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 Mig Holdings (ATH:MIG), the current Interest Expense is €-3.53 Mil as of Jun. 2024. 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.

Mig Holdings Business Description

Address El. Venizelou 10, Athens, GRC, 106 71
Mig Holdings SA is an investment holding company. Through its subsidiaries, the company operates its business in various segments which include Financial Services, Real Estate, and Others. The majority of the company's revenues are generated through the Real Estate segment. This activity consists of the purchase of real estate and exercising ownership of that real estate. Geographically, it operates in Greece, European Countries, and Other countries, out of which the majority is from European countries.
33GF Score

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

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