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Mpac Group (LSE:MPAC) Interest Expense : £-1.4 Mil (TTM As of Dec. 2024)


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What is Mpac Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mpac Group's interest expense for the six months ended in Dec. 2024 was £ -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was £-1.4 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. Mpac Group's Operating Income for the six months ended in Dec. 2024 was £ 8.3 Mil. Mpac Group's Interest Expense for the six months ended in Dec. 2024 was £ -0.9 Mil. Mpac Group's Interest Coverage for the quarter that ended in Dec. 2024 was 9.22. 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.

Mpac Group Interest Expense Historical Data

The historical data trend for Mpac Group'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.

* Premium members only.

Mpac Group Interest Expense Chart

Mpac Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.20 -0.30 -0.70 -1.40

Mpac Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.20 -0.30 -0.30 -0.50 -0.90

Mpac Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.4 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.

Mpac Group  (LSE:MPAC) 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.

Mpac Group's Interest Expense for the six months ended in Dec. 2024 was £-0.9 Mil. Its Operating Income for the six months ended in Dec. 2024 was £8.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was £22.0 Mil.

Mpac Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*8.3/-0.9
=9.22

* 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.

Mpac Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mpac Group PLC (LSE:MPAC) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Station Road, Station Estate, Tadcaster, North Yorkshire, GBR, LS24 9SG
Website
https://www.mpac-group.com
Mpac Group PLC is a technology and services company that provides specialist technology and services. It offers high-performance instrumentation, machinery, and analytical services to the Food and Beverage, healthcare and pharmaceutical, and other sectors. The company has two reportable segments namely the Original Equipment segment generates revenue from the make, pack, and test of high-speed packaging solutions, first-of-kind machinery and high specification automation, secondary packaging equipment, and at-line instrumentation solutions. Its Service segment generates revenue from sales of spare parts and providing service engineers and support staff customers. Geographically, it has a presence in (EMEA) Europe, Africa, the Middle East, the United States, and the Asia Pacific.