MGI Industries (MGI Industries) Interest Expense : $ Mil (TTM As of . 20)

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What is MGI Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MGI Industries's interest expense for the three months ended in . 20 was $ 0.00 Mil. MGI Industries does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. MGI Industries's Operating Income for the three months ended in . 20 was $ 0.00 Mil. MGI Industries's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. MGI Industries 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.

MGI Industries Interest Expense Historical Data

The historical data trend for MGI Industries'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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MGI Industries Interest Expense Chart

MGI Industries Annual Data

Trend

Interest Expense

MGI Industries Quarterly Data

Interest Expense

MGI Industries Interest Expense Calculation

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

MGI Industries (OTCPK:MGII) 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.

MGI Industries's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

MGI Industries's Interest Coverage for the quarter that ended in . 20 is calculated as

MGI Industries had no long-term debt ⁽¹⁾.

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

MGI Industries (MGI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MGI Industries Inc (OTCPK:MGII) » Definitions » Interest Expense

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Address

Website

http://www.mgi-military.com

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