M & G Highome Investment Trust (LSE:MGHC) Interest Expense: £-27.79 Mil (TTM As of Nov. 2016)


What is M & G Highome Investment Trust Interest Expense?

M & G Highome Investment Trust LSE:MGHC Interest Expense is £-27.79 Mil as of Nov. 2016. The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M & G Highome Investment Trust's interest expense for the six months ended in Nov. 2016 was £ -13.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2016 was £-27.79 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 & G Highome Investment Trust's Operating Income for the six months ended in Nov. 2016 was £ Mil. M & G Highome Investment Trust's Interest Expense for the six months ended in Nov. 2016 was £ Mil. 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 & G Highome Investment Trust Interest Expense Historical Data

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The historical data trend for M & G Highome Investment Trust'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.

M & G Highome Investment Trust Interest Expense Chart

M & G Highome Investment Trust Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.10 -18.92 -20.52 -22.66 -25.16

M & G Highome Investment Trust Semi-Annual Data
May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.10 -11.56 -10.70 -14.46 -13.33

M & G Highome Investment Trust 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 Nov. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-27.79 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of £-27.79 Mil mean?
M & G Highome Investment Trust (LSE:MGHC) has a Interest Expense of £-27.79 Mil as of Nov. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on M & G Highome Investment Trust and its competitors.
Is M & G Highome Investment Trust's Interest Expense too high?
M & G Highome Investment Trust's current Interest Expense is £-27.79 Mil.
How does M & G Highome Investment Trust's Interest Expense compare to BKCC and TPVG?
M & G Highome Investment Trust's Interest Expense of £-27.79 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Asset Management company?
A good Interest Expense depends on the Asset Management industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on M & G Highome Investment Trust and its competitors. M & G Highome Investment Trust's current Interest Expense is £-27.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & G Highome Investment Trust stock overvalued right now?
M & G Highome Investment Trust (LSE:MGHC) has a current Interest Expense of £-27.79 Mil. The current Interest Expense is £-27.79 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For M & G Highome Investment Trust (LSE:MGHC), the current Interest Expense is £-27.79 Mil as of Nov. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

M & G Highome Investment Trust Business Description

M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.