MFI (mF International) Interest Expense : $-0.03 Mil (TTM As of Jun. 2024)

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What is mF International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. mF International's interest expense for the six months ended in Jun. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.03 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. mF International's Operating Income for the six months ended in Jun. 2024 was $ -0.81 Mil. mF International's Interest Expense for the six months ended in Jun. 2024 was $ -0.01 Mil. mF International 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.

mF International Interest Expense Historical Data

The historical data trend for mF International'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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mF International Interest Expense Chart

mF International Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.06

-0.05

mF International Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial			-0.03	-0.03	-0.03	-0.02	-0.01

mF International 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 $-0.03 Mil.

mF International (NAS:MFI) 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.

mF International's Interest Expense for the six months ended in Jun. 2024 was $-0.01 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-0.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.63 Mil.

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

mF International did not have earnings to cover the interest expense.

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

mF International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » mF International Ltd (NAS:MFI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

77-79 Gloucester Road, Unit 1801, Fortis Tower, Wan Chai, Hong Kong, HKG

Website

https://www.m-finance.com

mF International Ltd is a holding company and all of its operations are carried out by Operating Subsidiaries in Hong Kong. It is a financial trading solution provider principally engaged in the development and provision of financial trading solutions. It has experience in providing real-time mission-critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients via internet or platform as software as a service. The company has provided a wide range of top-notch services, including mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform Broker Plus Solution, Social Trading Applications and others.