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Mivne Real Estate (K.D) (XTAE:MVNE) Interest Expense : ₪-196 Mil (TTM As of Dec. 2024)


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What is Mivne Real Estate (K.D) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mivne Real Estate (K.D)'s interest expense for the three months ended in Dec. 2024 was ₪ 227 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₪-196 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. Mivne Real Estate (K.D)'s Operating Income for the three months ended in Dec. 2024 was ₪ 214 Mil. Mivne Real Estate (K.D)'s Interest Expense for the three months ended in Dec. 2024 was ₪ 227 Mil. Mivne Real Estate (K.D) 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.


Mivne Real Estate (K.D) Interest Expense Historical Data

The historical data trend for Mivne Real Estate (K.D)'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.

* Premium members only.

Mivne Real Estate (K.D) Interest Expense Chart

Mivne Real Estate (K.D) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -161.37 -138.07 -131.21 -177.38 -196.05

Mivne Real Estate (K.D) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.87 -87.62 -171.41 -164.34 227.32

Mivne Real Estate (K.D) 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-196 Mil.

* 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.


Mivne Real Estate (K.D)  (XTAE:MVNE) 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.

Mivne Real Estate (K.D)'s Interest Expense for the three months ended in Dec. 2024 was ₪227 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₪214 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₪7,503 Mil.

Mivne Real Estate (K.D)'s Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

* 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.


Mivne Real Estate (K.D) Business Description

Traded in Other Exchanges
N/A
Address
7 Totzeret Haaretz Street, Tel Aviv, ISR, 9212
Mivne Real Estate (K.D) Ltd has two segments which are cash-generating properties that engage, by themselves and through its investees, in varied real estate activity centering on Israel; the Residential real estate development field is active in the development of residential real estate in Israel including locating, initiating, planning, developing, building, marketing and selling residential construction in Israel, and Others.

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