Mercantile Ports and Logistics (LSE:MPL) Interest Expense: £-7.08 Mil (TTM As of Jun. 2025)


What is Mercantile Ports and Logistics Interest Expense?

Mercantile Ports and Logistics LSE:MPL Interest Expense is £-7.08 Mil as of Jun. 2025. The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mercantile Ports and Logistics's interest expense for the six months ended in Jun. 2025 was £ -3.38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2025 was £-7.08 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. Mercantile Ports and Logistics's Operating Income for the six months ended in Jun. 2025 was £ -2.47 Mil. Mercantile Ports and Logistics's Interest Expense for the six months ended in Jun. 2025 was £ -3.38 Mil. Mercantile Ports and Logistics 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.

Mercantile Ports and Logistics  (LSE:MPL) 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.

Mercantile Ports and Logistics's Interest Expense for the six months ended in Jun. 2025 was £-3.38 Mil. Its Operating Income for the six months ended in Jun. 2025 was £-2.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2025 was £1.24 Mil.

Mercantile Ports and Logistics's Interest Coverage for the quarter that ended in Jun. 2025 is calculated as

Mercantile Ports and Logistics 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.

Mercantile Ports and Logistics Interest Expense Historical Data

* Premium members only.

The historical data trend for Mercantile Ports and Logistics'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.

Mercantile Ports and Logistics Interest Expense Chart

Mercantile Ports and Logistics 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 -1.98 -4.58 -5.54 -6.23 -7.29

Mercantile Ports and Logistics Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -2.81 -3.42 -3.59 -3.70 -3.38

Mercantile Ports and Logistics 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 Jun. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-7.08 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 £-7.08 Mil mean?
Mercantile Ports and Logistics (LSE:MPL) has a Interest Expense of £-7.08 Mil as of Jun. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mercantile Ports and Logistics and its competitors.
Is Mercantile Ports and Logistics' Interest Expense too high?
Mercantile Ports and Logistics' current Interest Expense is £-7.08 Mil.
How does Mercantile Ports and Logistics' Interest Expense compare to KEX?
Mercantile Ports and Logistics' Interest Expense of £-7.08 Mil can be compared against companies in the Transportation 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 a Transportation company?
A good Interest Expense depends on the Transportation 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 Mercantile Ports and Logistics and its competitors. Mercantile Ports and Logistics's current Interest Expense is £-7.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Ports and Logistics stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Ports and Logistics (LSE:MPL) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.01, compared to a current price of £0.02 — trading 55% above its estimated fair value. The current Interest Expense is £-7.08 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 Mercantile Ports and Logistics (LSE:MPL), the current Interest Expense is £-7.08 Mil as of Jun. 2025. 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.

Mercantile Ports and Logistics Business Description

Other Exchanges 9KS0:Germany
Address Le Bordage Road, 1st Floor, Tudor House, Saint Peter Port, GGY, GY1 1DB
Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.