Mermeren Kombinat AD (XMAE:MERM) Interest Expense : MKD0 Mil (TTM As of Mar. 2025)

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What is Mermeren Kombinat AD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mermeren Kombinat AD's interest expense for the three months ended in Mar. 2025 was MKD -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was MKD0 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. Mermeren Kombinat AD's Operating Income for the three months ended in Mar. 2025 was MKD -5 Mil. Mermeren Kombinat AD's Interest Expense for the three months ended in Mar. 2025 was MKD -3 Mil. Mermeren Kombinat AD 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.

Mermeren Kombinat AD Interest Expense Historical Data

The historical data trend for Mermeren Kombinat AD'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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Mermeren Kombinat AD Interest Expense Chart

Mermeren Kombinat AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2.51

-1.11

-0.06

-0.17

Mermeren Kombinat AD Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-3.39	-0.72	-4.89	8.82	-3.19

Mermeren Kombinat AD 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD0 Mil.

Mermeren Kombinat AD (XMAE:MERM) 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.

Mermeren Kombinat AD's Interest Expense for the three months ended in Mar. 2025 was MKD-3 Mil. Its Operating Income for the three months ended in Mar. 2025 was MKD-5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was MKD0 Mil.

Mermeren Kombinat AD's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Mermeren Kombinat AD did not have earnings to cover the interest expense.

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

Mermeren Kombinat AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mermeren Kombinat AD (XMAE:MERM) » Definitions » Interest Expense

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MERKO:Greece

Address

Lece Koteski No.60A, Prilep, MKD, 7500

Website

http://www.mermeren.com

Mermeren Kombinat AD is a company engaged in the mining, processing, and distribution of marble and decorative stones. Its products are used in high-end projects, including mosques, hotels, palaces, commercial and residential buildings, villas and artworks. The business activity of the group functions through Quarry and Factory segments. It generates a vast majority of revenue from the Quarry segment. Geographically, the business presences of the firm are seen in North Macedonia, China, Hong Kong, Greece, Italy, Balkan, and other regions.

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