MARA Holdings (MEX:MARA) Interest Expense : MXN-259 Mil (TTM As of Dec. 2024)

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What is MARA Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MARA Holdings's interest expense for the three months ended in Dec. 2024 was MXN -167 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-259 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. MARA Holdings's Operating Income for the three months ended in Dec. 2024 was MXN -2,817 Mil. MARA Holdings's Interest Expense for the three months ended in Dec. 2024 was MXN -167 Mil. MARA Holdings 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.

MARA Holdings Interest Expense Historical Data

The historical data trend for MARA 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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MARA Holdings Interest Expense Chart

MARA Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.42

-32.19

-292.07

-175.68

-271.04

MARA Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-20.61	-20.85	-25.08	-46.12	-167.45

MARA Holdings 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-259 Mil.

MARA Holdings (MEX:MARA) 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.

MARA Holdings's Interest Expense for the three months ended in Dec. 2024 was MXN-167 Mil. Its Operating Income for the three months ended in Dec. 2024 was MXN-2,817 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN51,582 Mil.

MARA Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

MARA Holdings did not have earnings to cover the interest expense.

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

MARA Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » MARA Holdings Inc (MEX:MARA) » Definitions » Interest Expense

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MARA:USA 1MARA:Italy M44:Germany MARA:Austria

Address

101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301

Website

http://www.mara.com

MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value. The company also offers technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for bitcoin miners. It is focused on computing for, acquiring, and holding digital assets as a long-term investment.