Apollo Education Group (Apollo Education Group) Interest Expense : $-7 Mil (TTM As of Nov. 2016)

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What is Apollo Education Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Apollo Education Group's interest expense for the three months ended in Nov. 2016 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2016 was $-7 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. Apollo Education Group's Operating Income for the three months ended in Nov. 2016 was $ 8 Mil. Apollo Education Group's Interest Expense for the three months ended in Nov. 2016 was $ -1 Mil. Apollo Education Group's Interest Coverage for the quarter that ended in Nov. 2016 was 5.90. 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.

Apollo Education Group Interest Expense Historical Data

The historical data trend for Apollo Education Group'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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Apollo Education Group Interest Expense Chart

Apollo Education Group Annual Data

Trend

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Interest Expense

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-11.75

-8.75

-7.91

-6.60

-6.72

Apollo Education Group Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Interest Expense	Get a 7-Day Free Trial															-1.46	-1.97	-1.57	-1.73	-1.43

Apollo Education Group 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 Nov. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7 Mil.

Apollo Education Group (NAS:APOL) 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.

Apollo Education Group's Interest Expense for the three months ended in Nov. 2016 was $-1 Mil. Its Operating Income for the three months ended in Nov. 2016 was $8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2016 was $33 Mil.

Apollo Education Group's Interest Coverage for the quarter that ended in Nov. 2016 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Nov. 2016 )	/	Interest Expense (Q: Nov. 2016 )
	=	-1	*	8.404	/	-1.425
	=	5.90

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

Apollo Education Group (Apollo Education Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Apollo Education Group Inc (NAS:APOL) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Website

http://www.apollo.edu

Apollo Education Group Inc was incorporated in Arizona in 1981. It offers educational programs and services, online and on-campus at the undergraduate, master's and doctoral levels. Its learning platforms include the following The University of Phoenix, Inc., Apollo Global, Inc. which also includes BPP Holdings Limited, Universidad Latinoamericana, Universidad de Artes, Ciencias y ComunicaciÃ³n, and Indian Education Services Private Ltd., Western International University, Inc., Institute for Professional Development, The College for Financial Planning Institutes Corporation, Carnegie Learning, Inc., and Apollo Lightspeed. Its institutions offer Accredited Degree Programs, Professional Examinations Training and Professional Development, and Employers. The Company's international operations include full-time and part-time courses, delivered on-campus or online, for professional examination preparation, professional development training and various degree/certificate/diploma programs. It competes mainly with traditional public and private two-year and four-year degree-granting regionally accredited colleges and universities, other proprietary degree-granting regionally accredited schools and alternatives to higher education. Its domestic postsecondary institutions are subject to extensive federal and state regulations.

Executives

Sean Martin	officer: SVP, General Counsel	ONE BAXTER PARKWAY, DEERFIELD IL 60015
Ann Kirschner	director	650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Richard H Dozer	director	VIAD CORP, 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Robert S Murley	director	4025 S. RIVERPOINT PARKWAY, M/S CF-K815, PHOENIX AZ 85040
James Mitchell Bowling	officer: SVP, COO	4025 S RIVERPOINT PKWY MS CF-K808 PHOENIX AZ 85040
Terri C Bishop	director, officer: Vice Chairman	4025 S RIVERPOINT PKWY, PHOENIX AZ 85040
Peter V Sperling	director, officer: Chairman of the Board	4615 E ELWOOD, PHOENIX AZ 85040
Darby E Shupp	director	4025 S RIVERPOINT PKWY, M/S CF-X01, PHOENIX AZ 85040
Gregory James Iverson	officer: SVP, CFO, CAO & Treasurer	4025 S. RIVERPOINT PARKWAY, CF-K809, PHOENIX AZ 85040
Herberger Roy A Jr	director	400 E VAN BUREN ST, PO BOX 52132, PHOENIX AZ 85072-2132
Matthew Jr Carter	director	550 W ADAMS, STE 900, CHICAGO IL 60661
Manuel Felix Rivelo	director	2312 MAGNOLIA BLVD. WEST, SEATTLE WA 98199
Brian L Swartz	officer: SVP & CFO	4025 S RIVERPOINT PKWY MAIL-STOP CF-KX04 PHOENIX AZ 85040
P Robert Moya	officer: EVP, Special Projects	4025 S RIVERPOINT PKWY, MS CF-KX01, PHOENIX AZ 85040
Di Piazza Samuel A Jr.	director	100 BROOKWOOD PLACE, BIRMINGHAM AL 35209