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MATH (Metalpha Technology Holding) Interest Expense : $-0.07 Mil (TTM As of Sep. 2024)


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What is Metalpha Technology Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metalpha Technology Holding's interest expense for the six months ended in Sep. 2024 was $ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.07 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. Metalpha Technology Holding's Operating Income for the six months ended in Sep. 2024 was $ 7.68 Mil. Metalpha Technology Holding's Interest Expense for the six months ended in Sep. 2024 was $ -0.07 Mil. Metalpha Technology Holding's Interest Coverage for the quarter that ended in Sep. 2024 was 108.18. 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.


Metalpha Technology Holding Interest Expense Historical Data

The historical data trend for Metalpha Technology Holding'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.

Metalpha Technology Holding Interest Expense Chart

Metalpha Technology Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.61 -1.94 -0.01 -

Metalpha Technology Holding Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -0.01 - - - -0.07

Metalpha Technology Holding 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.07 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.


Metalpha Technology Holding  (NAS:MATH) 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.

Metalpha Technology Holding's Interest Expense for the six months ended in Sep. 2024 was $-0.07 Mil. Its Operating Income for the six months ended in Sep. 2024 was $7.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $0.12 Mil.

Metalpha Technology Holding's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*7.681/-0.071
=108.18

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Metalpha Technology Holding Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Metalpha Technology Holding Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 6703-04, Central Plaza, Wan Chai, Hong Kong, HKG
Metalpha Technology Holding Ltd is a digital asset focused wealth management company. The company predominantly generates revenue from the execution of cryptocurrency-related transactions, which includes the issuance of derivative products to over-the-counter (OTC) clients and its proprietary trading activities. It has partnered with a crypto exchange to provide crypto derivative market-making services for its clients, facilitating the trading of crypto derivative products. In addition, the company also engages in providing traditional financial derivative products, and asset management services. It operates in a single segment which is the trading of proprietary digital assets and derivative contracts, and derives a majority of its revenue from Hong Kong.