Metair Investments (JSE:MTA) Interest Expense : R-272 Mil (TTM As of Dec. 2024)

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What is Metair Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metair Investments's interest expense for the six months ended in Dec. 2024 was R 220 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R-272 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. Metair Investments's Operating Income for the six months ended in Dec. 2024 was R 310 Mil. Metair Investments's Interest Expense for the six months ended in Dec. 2024 was R 220 Mil. Metair Investments 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.

Metair Investments Interest Expense Historical Data

The historical data trend for Metair Investments'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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Metair Investments Interest Expense Chart

Metair Investments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-149.78

-125.80

-344.12

-227.23

-272.36

Metair Investments 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															-210.59	-312.25	85.03	-492.31	219.95

Metair Investments 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 R-272 Mil.

Metair Investments (JSE:MTA) 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.

Metair Investments's Interest Expense for the six months ended in Dec. 2024 was R220 Mil. Its Operating Income for the six months ended in Dec. 2024 was R310 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was R257 Mil.

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

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

Metair Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Metair Investments Ltd (JSE:MTA) » Definitions » Interest Expense

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M4HA:Germany

Address

114 Oxford Road, Suite 7, Ground Floor, Oxford and Glenhove Building No. 2, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.metair.co.za

Metair Investments Ltd manufactures energy storage products and automotive components. The energy storage division manufactures batteries for use in automotive applications and the telecoms, utility, mining, retail, and materials sectors. The automotive components division produces original equipment (OE) components used in the assembly of new vehicles, as well as spare parts and other products used in the automotive aftermarket. Some of its automotive component products are e brake pads, shock absorbers, lights, radiators, and air-conditioners. Its geographical segments are South Africa, Turkey and the United Kingdom, and Romania.