M&C (LSE:0F5V) Interest Expense : €-0.00 Mil (TTM As of Sep. 2019)

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What is M&C Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M&C's interest expense for the three months ended in Sep. 2019 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was €-0.00 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&C's Operating Income for the three months ended in Sep. 2019 was € -0.88 Mil. M&C's Interest Expense for the three months ended in Sep. 2019 was € -0.00 Mil. M&C 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.

M&C Interest Expense Historical Data

The historical data trend for M&C'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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M&C Interest Expense Chart

M&C Annual Data

Trend

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Interest Expense

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-0.01

-5.19

M&C Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Jun18	Sep18	Dec18	Jun19	Sep19
Interest Expense	Get a 7-Day Free Trial															-	-0.18	-	-	-

M&C 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.00 Mil.

M&C (LSE:0F5V) 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.

M&C's Interest Expense for the three months ended in Sep. 2019 was €-0.00 Mil. Its Operating Income for the three months ended in Sep. 2019 was €-0.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was €0.00 Mil.

M&C's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

M&C did not have earnings to cover the interest expense.

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

M&C (LSE:0F5V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » M&C (LSE:0F5V) » Definitions » Interest Expense

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Address

Bastions of Porta Nuova 21, Milan, ITA, 20121

Website

http://www.mecinv.com

M&C SpA is a private investment company, investing in the equity capital of companies operating in the industrial, financial, real estate, commercial and service sectors. The activities carried out by the company includes direct and indirect acquisition of investments in other companies or entities, granting of loans in any form to joint-stock companies, purchase, sale, subscription and placement of shares, bonds, units of collective investment schemes and any other financial instrument, and supply of administrative and commercial services in general, of technical, commercial and industrial assistance to the investee companies.

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