Midi (MAL:MDI) Interest Expense : €0.00 Mil (TTM As of Jun. 2024)

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What is Midi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Midi's interest expense for the six months ended in Jun. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €0.00 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. Midi's Operating Income for the six months ended in Jun. 2024 was € -0.50 Mil. Midi's Interest Expense for the six months ended in Jun. 2024 was € 0.00 Mil. GuruFocus does not calculate Midi's interest coverage with the available data. 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.

Midi Interest Expense Historical Data

The historical data trend for Midi'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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Midi Interest Expense Chart

Midi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.47

-2.32

-2.38

-2.56

-2.58

Midi Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Midi 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

Midi (MAL:MDI) 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.

Midi's Interest Expense for the six months ended in Jun. 2024 was €0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €74.39 Mil.

Midi's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

GuruFocus does not calculate Midi's interest coverage with the available data.

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

Midi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Midi PLC (MAL:MDI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Shore, Manoel Island, Gzira, MLT, GZR 3016

Website

https://www.midimalta.com

Midi PLC is a Malta-based real estate services company. It has structured its operations into the two business divisions, Development and Sale of Property division comprises the construction and sale of residential units within Tigne Point and Manoel Island Project; and Property Rental and Management division, which involves the leasing and management of retail space at Pjazza Tigne and the catering units situated at the Foreshore. In addition, SIS services pertaining to HVAC, telephony and internet services, and building technology service are also being included in Property Rental and Management segment.

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