Meier Tobler Group AG (XSWX:MTG) Interest Expense : CHF-0.6 Mil (TTM As of Jun. 2024)

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What is Meier Tobler Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meier Tobler Group AG's interest expense for the six months ended in Jun. 2024 was CHF -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-0.6 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. Meier Tobler Group AG's Operating Income for the six months ended in Jun. 2024 was CHF 15.0 Mil. Meier Tobler Group AG's Interest Expense for the six months ended in Jun. 2024 was CHF -0.5 Mil. Meier Tobler Group AG's Interest Coverage for the quarter that ended in Jun. 2024 was 28.31. 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.

Meier Tobler Group AG Interest Expense Historical Data

The historical data trend for Meier Tobler Group AG'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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Meier Tobler Group AG Interest Expense Chart

Meier Tobler Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4.21

-2.32

-0.94

-0.42

-0.47

Meier Tobler Group AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.64	0.22	-0.36	-0.12	-0.53

Meier Tobler Group AG 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-0.6 Mil.

Meier Tobler Group AG (XSWX:MTG) 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.

Meier Tobler Group AG's Interest Expense for the six months ended in Jun. 2024 was CHF-0.5 Mil. Its Operating Income for the six months ended in Jun. 2024 was CHF15.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was CHF30.0 Mil.

Meier Tobler Group AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	15.033	/	-0.531
	=	28.31

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

Meier Tobler Group AG Business Description

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MTGz:UK 0QQK:UK

Address

Feldstrasse 11, Nebikon, CHE, 6244

Website

https://www.meiertobler.ch

Meier Tobler Group AG is a Switzerland based company. Along with its subsidiaries, it is a wholesale and manufacturing technology group with a core focus on manufacturing and climate technology. The firm provides consultancy services and systems for building service planners, installers, architects and builders. Its products include heat pumps, chillers, dry coolers, air heaters, chilled beams, water heater, sewage systems, floor and underfloor convectors, among others. It also offers heating, ventilation, and air services and maintenance.