Megaworld (PHS:MEG) Interest Expense : ₱-2,895 Mil (TTM As of Mar. 2024)

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What is Megaworld Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Megaworld's interest expense for the three months ended in Mar. 2024 was ₱ -1,649 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-2,895 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. Megaworld's Operating Income for the three months ended in Mar. 2024 was ₱ 6,945 Mil. Megaworld's Interest Expense for the three months ended in Mar. 2024 was ₱ -1,649 Mil. Megaworld's Interest Coverage for the quarter that ended in Mar. 2024 was 4.21. 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.

Megaworld Interest Expense Historical Data

The historical data trend for Megaworld'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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Megaworld Interest Expense Chart

Megaworld Annual Data

Trend

Dec14

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Dec19

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Dec22

Dec23

Interest Expense

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-1,512.91

-1,641.30

-1,941.63

-2,258.10

-2,635.40

Megaworld 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															-1,389.18	-1,204.69	-1,721.98	1,680.45	-1,648.92

Megaworld 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 ₱-2,895 Mil.

Megaworld (PHS:MEG) 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.

Megaworld's Interest Expense for the three months ended in Mar. 2024 was ₱-1,649 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱6,945 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱85,489 Mil.

Megaworld'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	*	6945.427	/	-1648.921
	=	4.21

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

Megaworld (PHS:MEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Megaworld Corp (PHS:MEG) » Definitions » Interest Expense

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MGAWY:USA

Address

36th Street Cor. 11th Avenue, 25th Floor, Alliance Global Tower, Uptown Bonifacio, Metro Manila, Taguig, PHL, 1634

Website

https://www.megaworldcorp.com

Megaworld Corp is a general real estate company. The company's core business is property development. The company is focused on large-scale residential and office developments including urban centers integrating office, residential, and commercial components. Megaworld is a holding company that also engages in hotel and leisure operations. The company's operations are focused in the Philippines.