MMIO (Marmion Industries) Interest Expense: $-0.65 Mil (TTM As of Sep. 2008)

What is Marmion Industries Interest Expense?

Marmion Industries MMIO -95.00% Interest Expense is $-0.65 Mil as of Sep. 2008.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marmion Industries's interest expense for the three months ended in Sep. 2008 was $ -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2008 was $-0.65 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. Marmion Industries's Operating Income for the three months ended in Sep. 2008 was $ -0.17 Mil. Marmion Industries's Interest Expense for the three months ended in Sep. 2008 was $ -0.22 Mil. Marmion 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.

Marmion Industries (OTCPK:MMIO) 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.

Marmion Industries's Interest Expense for the three months ended in Sep. 2008 was $-0.22 Mil. Its Operating Income for the three months ended in Sep. 2008 was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2008 was $0.00 Mil.

Marmion Industries's Interest Coverage for the quarter that ended in Sep. 2008 is calculated as

Marmion Industries did not have earnings to cover the interest expense.

* 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.

Marmion Industries Interest Expense Historical Data

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The historical data trend for Marmion Industries's Interest Expense can be seen below:

Marmion Industries Interest Expense Chart

Marmion Industries Annual Data

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Interest Expense

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Marmion Industries Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Interest Expense	Get a 7-Day Free Trial															-0.23	0.00	-0.22	-0.20	-0.22

Marmion Industries 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.65 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.65 Mil mean?

Marmion Industries (MMIO) has a Interest Expense of $-0.65 Mil as of Sep. 2008. Interest Expense is the amount a company pays on its long-term debt. View historical data on Marmion Industries and its competitors.

Is Marmion Industries' Interest Expense too high?

Marmion Industries' current Interest Expense is $-0.65 Mil.

How does Marmion Industries' Interest Expense compare to UVND and OTIV?

Marmion Industries' Interest Expense of $-0.65 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Construction company?

A good Interest Expense depends on the Construction industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Marmion Industries and its competitors. Marmion Industries's current Interest Expense is $-0.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Marmion Industries stock overvalued right now?

Marmion Industries (MMIO) has a current Interest Expense of $-0.65 Mil. The current Interest Expense is $-0.65 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Marmion Industries (MMIO), the current Interest Expense is $-0.65 Mil as of Sep. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Marmion Industries Business Description

Industry Industrials Construction

Comparable Companies UVND OTIV KEQU VIRC PCRBY PMTS EBF ESND KBAL VRTV KNL ACCO SCS HNI MLHR PAY PBI KNCAY BRTHY RICOY

Address 9103 Emmott Road, Building 6, Suite A, Houston, TX, USA, 77040

Website http://www.marmionair.com

Marmion Industries Corp manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers for the commercial sector.