Mustek (JSE:MST) Interest Expense : R-213 Mil (TTM As of Dec. 2023)

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What is Mustek Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mustek's interest expense for the six months ended in Dec. 2023 was R -115 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R-213 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. Mustek's Operating Income for the six months ended in Dec. 2023 was R 169 Mil. Mustek's Interest Expense for the six months ended in Dec. 2023 was R -115 Mil. Mustek's Interest Coverage for the quarter that ended in Dec. 2023 was 1.47. 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.

Mustek Interest Expense Historical Data

The historical data trend for Mustek'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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Mustek Interest Expense Chart

Mustek Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-112.29

-105.41

-75.14

-76.75

-174.53

Mustek Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-31.13	-45.62	-76.50	-98.03	-115.18

Mustek 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-213 Mil.

Mustek (JSE:MST) 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.

Mustek's Interest Expense for the six months ended in Dec. 2023 was R-115 Mil. Its Operating Income for the six months ended in Dec. 2023 was R169 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R66 Mil.

Mustek's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	168.791	/	-115.183
	=	1.47

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

Mustek (JSE:MST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mustek Ltd (JSE:MST) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

322 15th Road, Randjespark, Midrand, GT, ZAF, 1685

Website

https://www.mustek.co.za

Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segment includes Mustek; Rectron; MIE and Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes training provider of accredited training programmes and the group includes investments in associates and other investments and loans. Geographically, operates through the region of South Africa. It derives substantial part of its revenue from the Mustek segment.