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MPX International (STU:2J6) Interest Expense : €-5.64 Mil (TTM As of Mar. 2022)


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What is MPX International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MPX International's interest expense for the three months ended in Mar. 2022 was € -2.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was €-5.64 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. MPX International's Operating Income for the three months ended in Mar. 2022 was € -2.90 Mil. MPX International's Interest Expense for the three months ended in Mar. 2022 was € -2.51 Mil. MPX International did not have earnings to cover the interest expense. 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.


MPX International Interest Expense Historical Data

The historical data trend for MPX International'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.

MPX International Interest Expense Chart

MPX International Annual Data
Trend Sep18 Sep19 Sep20 Sep21
Interest Expense
- -0.21 -0.57 -2.90

MPX International Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -0.40 -0.49 -1.65 -1.00 -2.51

MPX International 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-5.64 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.


MPX International  (STU:2J6) 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.

MPX International's Interest Expense for the three months ended in Mar. 2022 was €-2.51 Mil. Its Operating Income for the three months ended in Mar. 2022 was €-2.90 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was €12.18 Mil.

MPX International's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

MPX International did not have earnings to cover the interest expense.

* 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.


MPX International (STU:2J6) Business Description

Traded in Other Exchanges
N/A
Address
5255 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6P4
MPX International Corp is a diversified cannabis company focused on developing and operating assets across the global medical and adult use and engaged in cultivating, manufacturing and marketing products that include cannabinoids as their primary active ingredient. The firm is organized into three segments: Canada, Europe/Africa, and Asia-Pacific. The Canada operating segment's principal business activities consist of production and sale of cannabis, video learning and engagement, patient counselling and referral services. The Europe/Africa operating segment's consist of the production and sale of cannabis and hemp-related products. The Asia-Pacific consist of the production and sale of cannabis. The majority of the revenue is generated in Canada.

MPX International (STU:2J6) Headlines

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