Michlol Finance (XTAE:MCLL) Interest Expense : ₪-94.29 Mil (TTM As of Mar. 2024)

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What is Michlol Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Michlol Finance's interest expense for the three months ended in Mar. 2024 was ₪ -24.98 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₪-94.29 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. Michlol Finance's Operating Income for the three months ended in Mar. 2024 was ₪ Mil. Michlol Finance's Interest Expense for the three months ended in Mar. 2024 was ₪ Mil. 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.

Michlol Finance Interest Expense Historical Data

The historical data trend for Michlol Finance'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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Michlol Finance Interest Expense Chart

Michlol Finance Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-6.79

-11.63

-29.81

-86.66

Michlol Finance Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-17.36	-21.06	-23.29	-24.96	-24.98

Michlol Finance 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-94.29 Mil.

Michlol Finance (XTAE:MCLL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Michlol Finance Ltd (XTAE:MCLL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Masada 7, BSR 4, 17th Floor, Bnei Brak, ISR

Website

https://www.michlol-fin.co.il

Michlol Finance Ltd is a non-bank credit company that provides financing with closed support to entrepreneurs and construction companies.

Michlol Finance (XTAE:MCLL) Headlines

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