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AK Steel Holding (AK Steel Holding) Interest Expense : $-147 Mil (TTM As of Dec. 2019)


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What is AK Steel Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AK Steel Holding's interest expense for the three months ended in Dec. 2019 was $ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was $-147 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. AK Steel Holding's Operating Income for the three months ended in Dec. 2019 was $ -17 Mil. AK Steel Holding's Interest Expense for the three months ended in Dec. 2019 was $ -35 Mil. AK Steel Holding 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.


AK Steel Holding Interest Expense Historical Data

The historical data trend for AK Steel Holding'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.

AK Steel Holding Interest Expense Chart

AK Steel Holding Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -173.00 -163.90 -152.30 -151.60 -146.60

AK Steel Holding Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -38.30 -37.90 -37.10 -37.00 -34.60

AK Steel Holding 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-147 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.


AK Steel Holding  (NYSE:AKS) 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.

AK Steel Holding's Interest Expense for the three months ended in Dec. 2019 was $-35 Mil. Its Operating Income for the three months ended in Dec. 2019 was $-17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2019 was $1,969 Mil.

AK Steel Holding's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

AK Steel Holding did not have earnings to cover the interest expense.

* 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.


AK Steel Holding (AK Steel Holding) Business Description

Traded in Other Exchanges
N/A
Address
9227 Centre Pointe Drive, West Chester, OH, USA, 45069
AK Steel's operations consist of steelmaking and finishing plants in Indiana, Kentucky, Michigan, Ohio, and Pennsylvania, in the United States. The company manufactures flat-rolled, carbon, electrical, and stainless steel, as well as tubular products for the automotive, construction, appliance, and machinery end markets.
Executives
Dennis C Cuneo director 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Sheri H. Edison director 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Gregory B Kenny director 4 TESSENEER DR, HIGHLAND HEIGHTS KY 41076
Roger K Newport director, officer: Chief Executive Officer 703 CURTIS STREET, MIDDLETOWN OH 45043
Arlene M Yocum director 99 PINE STREET, ALBANY NY 12207
Michael Ralph S Iii director, other: Chairman of the Board
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Jaime Vasquez officer: VP Finance and CFO 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Robert H Jenkins director PO BOX 7003, ROCKFORD IL 61125-7003
John S Brinzo director 1100 SUPERIOR AVE, CLEVELAND OH 44114
Richard A Abdoo director N93 W14475 WHITTAKER WAY, MENOMONEE FALLS WI 53051
James L Wainscott director, other: Chairman of the Board C/O AK STEEL HOLDING CORP, 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Shirley D Peterson director C/O AK STEEL HOLDING CORP., 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Bonnie Guiton Hill director 1721 FIRST STREET, SAN JOSE CA 95112