Macay Holdings (PHS:MACAY) Interest Expense : ₱-108 Mil (TTM As of Mar. 2024)

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What is Macay Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Macay Holdings's interest expense for the three months ended in Mar. 2024 was ₱ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-108 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. Macay Holdings's Operating Income for the three months ended in Mar. 2024 was ₱ 141 Mil. Macay Holdings's Interest Expense for the three months ended in Mar. 2024 was ₱ -25 Mil. Macay Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 5.63. 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.

Macay Holdings Interest Expense Historical Data

The historical data trend for Macay 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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Macay Holdings Interest Expense Chart

Macay Holdings Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-52.23

-42.39

-13.51

-14.39

-114.32

Macay Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-29.70	-29.88	-31.27	-21.57	-25.09

Macay 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-108 Mil.

Macay Holdings (PHS:MACAY) 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.

Macay Holdings's Interest Expense for the three months ended in Mar. 2024 was ₱-25 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱141 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱1,334 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	141.222	/	-25.088
	=	5.63

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

Macay Holdings (PHS:MACAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Macay Holdings Inc (PHS:MACAY) » Definitions » Interest Expense

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Address

137 Yakal Street, San Antonio Village, Makati, PHL, 1203

Website

http://www.macayholdings.com.ph

Macay Holdings Inc is engaged in the bottling, distribution, marketing, and sales of RC Cola and other carbonated drinks. It generates maximum revenue from the sale of its soft drink products and from its toll manufacturing activities.

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