MALJF (Magellan Aerospace) Interest Expense: $-1.9 Mil (TTM As of Mar. 2026)

What is Magellan Aerospace Interest Expense?

Magellan Aerospace MALJF 74 Interest Expense is $-1.9 Mil as of Mar. 2026. GuruFocus rates MALJF with a GF Score™ of 74/100 and a GF Value™ of $8.32 (Significantly Overvalued). 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. Magellan Aerospace's interest expense for the three months ended in Mar. 2026 was $ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.9 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. Magellan Aerospace's Operating Income for the three months ended in Mar. 2026 was $ 16.9 Mil. Magellan Aerospace's Interest Expense for the three months ended in Mar. 2026 was $ -0.5 Mil. Magellan Aerospace's Interest Coverage for the quarter that ended in Mar. 2026 was 36.66. 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.

Magellan Aerospace (OTCPK:MALJF) 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.

Magellan Aerospace's Interest Expense for the three months ended in Mar. 2026 was $-0.5 Mil. Its Operating Income for the three months ended in Mar. 2026 was $16.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $42.3 Mil.

Magellan Aerospace's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	16.936	/	-0.462
	=	36.66

* 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.

Magellan Aerospace Interest Expense Historical Data

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The historical data trend for Magellan Aerospace's Interest Expense can be seen below:

Magellan Aerospace Interest Expense Chart

Magellan Aerospace Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-2.07

-2.02

-2.58

-2.73

-1.86

Magellan Aerospace Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-0.40	-0.35	-0.21	-0.89	-0.46

74GF Score

Magellan Aerospace Corp MALJF

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Magellan Aerospace 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.9 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-1.9 Mil mean?

Magellan Aerospace (MALJF) has a Interest Expense of $-1.9 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Magellan Aerospace and its competitors.

Is Magellan Aerospace's Interest Expense too high?

Magellan Aerospace's current Interest Expense is $-1.9 Mil. Overall, Magellan Aerospace has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Magellan Aerospace's Interest Expense compare to SPCX and GE?

Magellan Aerospace's Interest Expense of $-1.9 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?

A good Interest Expense depends on the Aerospace & Defense 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 Magellan Aerospace and its competitors. Magellan Aerospace's current Interest Expense is $-1.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Magellan Aerospace stock overvalued right now?

Based on GuruFocus' analysis, Magellan Aerospace (MALJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.32, compared to a current price of $23.64 — trading 184.1% above its estimated fair value. The current Interest Expense is $-1.9 Mil. Magellan Aerospace's overall GF Score™ is 74/100 with 7 warning signs to review. 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 Magellan Aerospace (MALJF), the current Interest Expense is $-1.9 Mil as of Mar. 2026. 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.

Is Magellan Aerospace (MALJF) Overvalued in 2026?

Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued. The current stock price of $23.64 is trading 184.1% above its estimated GF Value™ of $8.32. GuruFocus considers Magellan Aerospace to be Significantly Overvalued.

Key valuation signals for MALJF:

Interest Expense: $-1.9 Mil
GF Value™: $8.32 vs. price of $23.64 (184.1% above fair value)
GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the MALJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Magellan Aerospace Business Description

Industry Industrials Aerospace & Defense

Comparable Companies TSX:FTG TSX:FLT NEOE:MAXQ XCNQ:SNA TSXV:DFSC TSX:MDA SPCX GE RTX XPAR:AIR BA XPAR:SAF LSE:RR.LMT HWM GD TDG LSE:BA.NOC HONAV

Other Exchanges 4M7A:Germany MAL:Canada

Address 3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry. Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament-wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.

74GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.64

Price

$8.32

GF Value

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