MPI (XPAR:MPI) Interest Expense : €-0.44 Mil (TTM As of Jun. 2015)

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What is MPI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MPI's interest expense for the six months ended in Jun. 2015 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was €-0.44 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. MPI's Operating Income for the six months ended in Jun. 2015 was € -1.78 Mil. MPI's Interest Expense for the six months ended in Jun. 2015 was € 0.00 Mil. MPI has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

MPI Interest Expense Historical Data

The historical data trend for MPI'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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MPI Interest Expense Chart

MPI Annual Data

Trend

Dec10

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Interest Expense

MPI Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Interest Expense	Get a 7-Day Free Trial					-	-	-	-0.44	-

MPI 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 Jun. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.44 Mil.

MPI (XPAR:MPI) 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.

MPI's Interest Expense for the six months ended in Jun. 2015 was €0.00 Mil. Its Operating Income for the six months ended in Jun. 2015 was €-1.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2015 was €0.00 Mil.

MPI's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

MPI had no long-term debt ⁽¹⁾.

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

Good Sign:

MPI SA has no debt.

MPI (XPAR:MPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MPI SA (XPAR:MPI) » Definitions » Interest Expense

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Website

http://www.mpienergy.com

MPI is a Nigerian oil & gas exploration and production company.

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