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Manroy (LSE:MAN) Interest Expense : £-0.10 Mil (TTM As of Mar. 2014)


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What is Manroy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manroy's interest expense for the six months ended in Mar. 2014 was £ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2014 was £-0.10 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. Manroy's Operating Income for the six months ended in Mar. 2014 was £ -0.20 Mil. Manroy's Interest Expense for the six months ended in Mar. 2014 was £ -0.05 Mil. Manroy 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.


Manroy Interest Expense Historical Data

The historical data trend for Manroy'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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Manroy Interest Expense Chart

Manroy Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13
Interest Expense
- - -0.07 -0.05 -0.06

Manroy Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
Interest Expense Get a 7-Day Free Trial -0.03 -0.03 -0.01 -0.05 -0.05

Manroy 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 Mar. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.10 Mil.

* 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.


Manroy  (LSE:MAN) Interest Expense Explanation

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. The higher, the better.

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

Manroy's Interest Expense for the six months ended in Mar. 2014 was £-0.05 Mil. Its Operating Income for the six months ended in Mar. 2014 was £-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2014 was £0.69 Mil.

Manroy's Interest Coverage for the quarter that ended in Mar. 2014 is calculated as

Manroy did not have earnings to cover the interest expense.

* 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.

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


Manroy Business Description

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Manroy PLC designs, manufactures, supplies and supports machine guns, mounts and associated products, including the 12.7mm M2 HMG and the 7.62mm General Purpose Machine Gun, M16, M4 and M5 weapons, Quick Change Barrel kits as well as weapon tripods and mounting systems. Its flagship product is the M2 HMG, which it has supplied to the MoD for approximately 26 years.