SPMC (Sound Point Meridian Capital) Interest Expense: $ Mil (TTM As of Mar. 2026)

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SPMC Sound Point Meridian Capital Inc SPMC
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What is Sound Point Meridian Capital Interest Expense?

Sound Point Meridian Capital SPMC +3.10% 11 Interest Expense is $ Mil as of Mar. 2026. GuruFocus rates SPMC with a GF Score™ of 11/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sound Point Meridian Capital's interest expense for the six months ended in Mar. 2026 was $ -7.93 Mil. Sound Point Meridian Capital does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2026.

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. Sound Point Meridian Capital's Operating Income for the six months ended in Mar. 2026 was $ Mil. Sound Point Meridian Capital's Interest Expense for the six months ended in Mar. 2026 was $ Mil. 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.

Sound Point Meridian Capital Interest Expense Historical Data

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The historical data trend for Sound Point Meridian Capital'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.

Sound Point Meridian Capital Interest Expense Chart

Sound Point Meridian Capital Annual Data
Trend Dec23 Mar26
Interest Expense
-0.12 -13.99

Sound Point Meridian Capital Semi-Annual Data
Dec23 Sep25 Mar26
Interest Expense 0.00 -6.06 -7.93
SPMC
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Sound Point Meridian Capital Inc SPMC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Sound Point Meridian Capital Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Sound Point Meridian Capital (SPMC) has a Interest Expense of $ Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sound Point Meridian Capital and its competitors.
Is Sound Point Meridian Capital's Interest Expense too high?
Sound Point Meridian Capital's current Interest Expense is $ Mil. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's Interest Expense compare to DMB and ETX?
Sound Point Meridian Capital's Interest Expense of $ Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Interest Expense depends on the Asset Management 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 Sound Point Meridian Capital and its competitors. Sound Point Meridian Capital's current Interest Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current Interest Expense of $ Mil. The current Interest Expense is $ Mil. Sound Point Meridian Capital's overall GF Score™ is 11/100. 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 Sound Point Meridian Capital (SPMC), the current Interest Expense is $ 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.

Sound Point Meridian Capital Business Description

Address 375 Park Avenue, 34th Floor, New York, NY, USA, 10152
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
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