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Mikrofin osiguranje a.d (XBLB:MKOS-R-A) Interest Expense : BAM-0.03 Mil (TTM As of Dec. 2023)


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What is Mikrofin osiguranje a.d Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mikrofin osiguranje a.d's interest expense for the six months ended in Dec. 2023 was BAM -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was BAM-0.03 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. Mikrofin osiguranje a.d's Operating Income for the six months ended in Dec. 2023 was BAM 0.36 Mil. Mikrofin osiguranje a.d's Interest Expense for the six months ended in Dec. 2023 was BAM -0.03 Mil. Mikrofin osiguranje a.d's Interest Coverage for the quarter that ended in Dec. 2023 was 14.40. 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.


Mikrofin osiguranje a.d Interest Expense Historical Data

The historical data trend for Mikrofin osiguranje a.d'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.

Mikrofin osiguranje a.d Interest Expense Chart

Mikrofin osiguranje a.d 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 -0.04 -0.04 -0.03 -0.03 -0.03

Mikrofin osiguranje a.d Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 -0.04 -0.04 -0.03 -0.03 -0.03

Mikrofin osiguranje a.d Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was BAM-0.03 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.


Mikrofin osiguranje a.d  (XBLB:MKOS-R-A) 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.

Mikrofin osiguranje a.d's Interest Expense for the six months ended in Dec. 2023 was BAM-0.03 Mil. Its EBIT for the six months ended in Dec. 2023 was BAM0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was BAM0.00 Mil.

Mikrofin osiguranje a.d's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* EBIT (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.36/-0.025
=14.40

* 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.


Mikrofin osiguranje a.d (XBLB:MKOS-R-A) Business Description

Traded in Other Exchanges
N/A
Address
Aleja Svetog Save 59, Banja Luka, BIH, 78000
Mikrofin osiguranje a.d is engaged in offering insurance services in Bosnia and Herzegovina. The company provides insurances for accidents, vehicles, agriculture, transport, and health insurances.

Mikrofin osiguranje a.d (XBLB:MKOS-R-A) Headlines

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