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Montepino Logistica SOCIMI (XPAR:MLMTP) Interest Expense : € Mil (TTM As of Dec. 2022)


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What is Montepino Logistica SOCIMI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Montepino Logistica SOCIMI's interest expense for the six months ended in Dec. 2022 was € -7.88 Mil. Montepino Logistica SOCIMI does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Montepino Logistica SOCIMI's Operating Income for the six months ended in Dec. 2022 was € 16.27 Mil. Montepino Logistica SOCIMI's Interest Expense for the six months ended in Dec. 2022 was € -7.88 Mil. Montepino Logistica SOCIMI's Interest Coverage for the quarter that ended in Dec. 2022 was 2.06. 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.


Montepino Logistica SOCIMI Interest Expense Historical Data

The historical data trend for Montepino Logistica SOCIMI'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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Montepino Logistica SOCIMI Interest Expense Chart

Montepino Logistica SOCIMI Annual Data
Trend Dec21 Dec22
Interest Expense
-9.56 -7.88

Montepino Logistica SOCIMI Semi-Annual Data
Dec21 Dec22
Interest Expense -9.56 -7.88

Montepino Logistica SOCIMI Interest Expense Calculation

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


Montepino Logistica SOCIMI  (XPAR:MLMTP) 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.

Montepino Logistica SOCIMI's Interest Expense for the six months ended in Dec. 2022 was €-7.88 Mil. Its Operating Income for the six months ended in Dec. 2022 was €16.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €277.25 Mil.

Montepino Logistica SOCIMI's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*16.268/-7.88
=2.06

* 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.


Montepino Logistica SOCIMI (XPAR:MLMTP) Business Description

Traded in Other Exchanges
N/A
Address
3, Calle Felipe Sanclemente 26, Zaragoza, ESP, 50001
Montepino Logística SOCIMI SA is a Spanish real estate investment company. The Company strategy focuses on logistics asset development in strategic corridors or sites to be leased by logistic operators, couriers, last-mile operators, or other companies that use the facilities for product storage and distribution. The Company's only activity was the development of logistics facilities for lease.

Montepino Logistica SOCIMI (XPAR:MLMTP) Headlines

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