Maistro (LSE:MAIS) Interest Expense : £0.00 Mil (TTM As of Dec. 2018)

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What is Maistro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maistro's interest expense for the six months ended in Dec. 2018 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 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. Maistro's Operating Income for the six months ended in Dec. 2018 was £ -1.66 Mil. Maistro's Interest Expense for the six months ended in Dec. 2018 was £ 0.00 Mil. Maistro has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Maistro Interest Expense Historical Data

The historical data trend for Maistro'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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Maistro Interest Expense Chart

Maistro Annual Data

Trend

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Interest Expense

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Maistro Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Interest Expense	Get a 7-Day Free Trial										-	-	-	-	-

Maistro 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Maistro (LSE:MAIS) 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.

Maistro's Interest Expense for the six months ended in Dec. 2018 was £0.00 Mil. Its Operating Income for the six months ended in Dec. 2018 was £-1.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2018 was £0.00 Mil.

Maistro's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Maistro had no long-term debt ⁽¹⁾.

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

Good Sign:

Maistro PLC has no debt.

Maistro (LSE:MAIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maistro PLC (LSE:MAIS) » Definitions » Interest Expense

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Address

3 Babbage Way, 1A, Grow On Building, Science Park, Clyst Honiton, Exeter, Devon, GBR, EX5 2FN

Website

https://www.maistro.com

Maistro PLC operates an enterprise services platform that helps organizations eliminated the waste and inefficiency inherent in traditional purchasing of business services. It provides cloud-based software and managed services to create an end to end solution that includes sourcing, supplier short listing, contract and project management through to payment processing and reporting. The firm has the provision of services segment. It derives revenue from Buyer plans, Buyer premium services, Buyer market intelligence tools, Service provider subscriptions and Project revenue. The company operates mainly in UK and US.

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