Melrose Industries (CHIX:MROL) Interest Expense : £-105 Mil (TTM As of Dec. 2024)

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What is Melrose Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Melrose Industries's interest expense for the six months ended in Dec. 2024 was £ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was £-105 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. Melrose Industries's Operating Income for the six months ended in Dec. 2024 was £ 58 Mil. Melrose Industries's Interest Expense for the six months ended in Dec. 2024 was £ -60 Mil. Melrose Industries's Interest Coverage for the quarter that ended in Dec. 2024 was 0.97. 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.

Melrose Industries Interest Expense Historical Data

The historical data trend for Melrose Industries'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.

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Melrose Industries Interest Expense Chart

Melrose Industries Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-173.00

-162.00

-76.00

-56.00

-105.00

Melrose Industries Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-43.00	-45.00	-11.00	-45.00	-60.00

Melrose Industries 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-105 Mil.

Melrose Industries (CHIX:MROl) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Melrose Industries's Interest Expense for the six months ended in Dec. 2024 was £-60 Mil. Its Operating Income for the six months ended in Dec. 2024 was £58 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was £1,605 Mil.

Melrose Industries's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	58	/	-60
	=	0.97

The higher the ratio, the stronger the company's financial strength is.

Melrose Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Melrose Industries PLC (CHIX:MROl) » Definitions » Interest Expense

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Traded in Other Exchanges

MLSPF:USA MRO:UK 27M:Germany

Address

5 Stratton Street, Stratton House, London, GBR, W1J 8LA

Website

https://www.melroseplc.net

Melrose Industries is a UK-based company that manufactures engines and structures products for all major OEMs across civil and defense markets. The company derives around 75% of its revenue from civil and the remaining from defense.In the civil market, the company operates in 90% of existing fleets in service and is a demonstrator partner in the GTF and CFM RISE next-generation engines for narrow-body aircraft.

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