Midland Capital Holdings (Midland Capital Holdings) Interest Expense : $-0.22 Mil (TTM As of Jun. 2023)

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What is Midland Capital Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Midland Capital Holdings's interest expense for the six months ended in Jun. 2023 was $ -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.22 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. Midland Capital Holdings's Operating Income for the six months ended in Jun. 2023 was $ Mil. Midland Capital Holdings's Interest Expense for the six months ended in Jun. 2023 was $ Mil. 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.

Midland Capital Holdings Interest Expense Historical Data

The historical data trend for Midland Capital Holdings'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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Midland Capital Holdings Interest Expense Chart

Midland Capital Holdings Annual Data

Trend

Jun00

Jun01

Jun03

Jun04

Jun05

Jun06

Jun07

Jun22

Jun23

Interest Expense

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-1.37

-1.65

-2.08

-0.14

-0.22

Midland Capital Holdings Semi-Annual Data
	Jun00	Jun01	Jun03	Jun04	Jun05	Jun06	Jun07	Jun22	Jun23
Interest Expense	Get a 7-Day Free Trial				-1.37	-1.65	-2.08	-0.14	-0.22

Midland Capital Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.22 Mil.

Midland Capital Holdings (Midland Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Midland Capital Holdings Corp (OTCPK:MCPH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8929 South Harlem Avenue, Bridgeview, IL, USA, 60455

Website

https://www.midlandfederal.com

Midland Capital Holdings Corp is engaged in the business of attracting deposits from the general public and using such deposits to originate a residential mortgage and, to a lesser extent, consumer, multi-family, and other loans in its primary market area. The company also makes substantial investments in investment securities and money market mutual funds.

Executives

Richard Lloyd Taylor	director, officer: Vice President	13361 CALLAN DR., ORLAND PARK X1 60462
Algerd Brazis	director
Michael J Kukanza	director

Midland Capital Holdings (Midland Capital Holdings) Headlines

From GuruFocus

Midland Capital Holdings Corporation Reaches Definitive Agreement to Be Acquired by Investor Group

By PRNewswire • 09-12-2023