Millennium Global Holdings (PHS:MG) Interest Expense: ₱-11 Mil (TTM As of Mar. 2026)


What is Millennium Global Holdings Interest Expense?

Millennium Global Holdings PHS:MG +1.67% Interest Expense is ₱-11 Mil as of Mar. 2026. The stock has 9 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Millennium Global Holdings's interest expense for the three months ended in Mar. 2026 was ₱ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₱-11 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. Millennium Global Holdings's Operating Income for the three months ended in Mar. 2026 was ₱ 4 Mil. Millennium Global Holdings's Interest Expense for the three months ended in Mar. 2026 was ₱ -6 Mil. Millennium Global Holdings's Interest Coverage for the quarter that ended in Mar. 2026 was 0.73. 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.

Millennium Global Holdings  (PHS:MG) 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.

Millennium Global Holdings's Interest Expense for the three months ended in Mar. 2026 was ₱-6 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₱4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₱18 Mil.

Millennium Global Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4.472/-6.087
=0.73

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Millennium Global Holdings Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Millennium Global Holdings Interest Expense Historical Data

* Premium members only.

The historical data trend for Millennium Global 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.

Millennium Global Holdings Interest Expense Chart

Millennium Global Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.04 -22.29 -22.53 -13.58 -12.15

Millennium Global Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -6.78 -12.09 -8.78 15.49 -6.09

Millennium Global 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-11 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₱-11 Mil mean?
Millennium Global Holdings (PHS:MG) has a Interest Expense of ₱-11 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Millennium Global Holdings and its competitors.
Is Millennium Global Holdings' Interest Expense too high?
Millennium Global Holdings' current Interest Expense is ₱-11 Mil.
How does Millennium Global Holdings' Interest Expense compare to KHC and GIS?
Millennium Global Holdings' Interest Expense of ₱-11 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods 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 Millennium Global Holdings and its competitors. Millennium Global Holdings's current Interest Expense is ₱-11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Global Holdings (PHS:MG) is currently considered Possible Value Trap. The stock's GF Value™ is ₱0.09, compared to a current price of ₱0.06 — trading 32.2% below its estimated fair value. The current Interest Expense is ₱-11 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 Millennium Global Holdings (PHS:MG), the current Interest Expense is ₱-11 Mil as of Mar. 2026. 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.

Millennium Global Holdings Business Description

Address Lot 9 Block 2, John Street, Multinational Village, Paranaque, PHL, 1701
Millennium Global Holdings Inc is a general holding company. Through its subsidiaries, it is engaged in the processing of seafood and aquaculture products for export and trading of imported marine and other related products. Its key business activity is the processing and export of seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, etc. It derives its revenue from the export sales of aquatic and marine products. The company's operations are geographically located in Japan, Korea, Taiwan, and Hongkong.