GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Marcventures Holdings Inc (PHS:MARC) » Definitions » Interest Expense

Marcventures Holdings (PHS:MARC) Interest Expense : ₱-13 Mil (TTM As of Jun. 2024)


View and export this data going back to 1958. Start your Free Trial

What is Marcventures Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marcventures Holdings's interest expense for the three months ended in Jun. 2024 was ₱ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₱-13 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. Marcventures Holdings's Operating Income for the three months ended in Jun. 2024 was ₱ 96 Mil. Marcventures Holdings's Interest Expense for the three months ended in Jun. 2024 was ₱ -2 Mil. Marcventures Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 49.45. 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.

Marcventures Holdings Interest Expense Historical Data

The historical data trend for Marcventures 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.

* Premium members only.

Marcventures Holdings Interest Expense Chart

Marcventures Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.63 -64.49 -50.53 -26.86 -15.06

Marcventures Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.28 -2.22 -4.85 -3.94 -1.93

Marcventures 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-13 Mil.

* 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.

Marcventures Holdings  (PHS:MARC) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Marcventures Holdings's Interest Expense for the three months ended in Jun. 2024 was ₱-2 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₱96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₱105 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*95.595/-1.933
=49.45

* 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.

Marcventures Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Marcventures Holdings Inc (PHS:MARC) » Definitions » Interest Expense
Comparable Companies
PHS:ORE PHS:APO PHS:ECVC PHS:NI PHS:IMP PHS:PA PHS:DIZ PHS:ZHI PHS:GEO PHS:CPM ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
Unit 4-3, 8741 Paseo de Roxas, 4th Floor, BDO Towers Paseo, Makati, PHL, 1227
Website
http://www.marcventuresholdings.com
Marcventures Holdings Inc is a company that is involved in mining exploration, smelting, extracting of mineral ores such as nickel, chromite, copper, gold, manganese and other metallic or non-metallic resources. The company's primary mining projects are located in the Philippines which involves converting raw metal into a refined product. Its primary source of revenue is from the sale of ores, mainly nickel ore.

Marcventures Holdings Headlines

No Headlines