Milton Capital (LSE:MII) Interest Expense : £ Mil (TTM As of Jan. 2024)

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What is Milton Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Milton Capital's interest expense for the six months ended in Jan. 2024 was £ 0.00 Mil. Milton Capital does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jan. 2024.

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. Milton Capital's Operating Income for the six months ended in Jan. 2024 was £ -0.16 Mil. Milton Capital's Interest Expense for the six months ended in Jan. 2024 was £ 0.00 Mil. Milton Capital 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.

Milton Capital Interest Expense Historical Data

The historical data trend for Milton Capital'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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Milton Capital Interest Expense Chart

Milton Capital Annual Data

Trend

Jan23

Jan24

Interest Expense

Milton Capital Semi-Annual Data
	Jan23	Jul23	Jan24
Interest Expense	-	-	-

Milton Capital Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Milton Capital (LSE:MII) 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.

Milton Capital's Interest Expense for the six months ended in Jan. 2024 was £0.00 Mil. Its Operating Income for the six months ended in Jan. 2024 was £-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was £0.00 Mil.

Milton Capital's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Milton Capital had no long-term debt ⁽¹⁾.

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

Milton Capital (LSE:MII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Milton Capital PLC (LSE:MII) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE

Website

http://www.milton-capital.co.uk

Milton Capital PLC is a special-purpose acquisition company. The company was formed to undertake one or more acquisitions (which may be in the form of a merger, capital stock exchange, asset acquisition, stock purchase, scheme of the arrangement, reorganization, or similar business combination) of a minority or majority interest in a company or business.

Milton Capital (LSE:MII) Headlines

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