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Anglogold Ashanti Ltd (NYSE:AU)
Interest Expense
$-243 Mil (TTM As of Mar. 2015)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anglogold Ashanti Ltd's interest expense for the three months ended in Mar. 2015 was $-60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 was $-243 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. Anglogold Ashanti Ltd's Operating Income for the three months ended in Mar. 2015 was $142 Mil. Anglogold Ashanti Ltd's Interest Expense for the three months ended in Mar. 2015 was $-60 Mil. Anglogold Ashanti Ltd's interest coverage for the quarter that ended in Mar. 2015 was 2.37. The higher the ratio, the stronger the company’s financial strength is.


Definition

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Anglogold Ashanti Ltd Interest Expense for the trailing twelve months (TTM) ended in Mar. 2015 was -71 (Jun. 2014 ) + -62 (Sep. 2014 ) + -50 (Dec. 2014 ) + -60 (Mar. 2015 ) = $-243 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.

Anglogold Ashanti Ltd's interest expense for the three months ended in Mar. 2015 was $-60 Mil. Its operating income for the three months ended in Mar. 2015 was $142 Mil. And its Long-Term Debt for the three months ended in Mar. 2015 was $3,471 Mil.

Anglogold Ashanti Ltd's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Interest Coverage=-1*Operating Income (Q: Mar. 2015 )/Interest Expense (Q: Mar. 2015 )
=-1*142/-60
=2.37

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Anglogold Ashanti Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Interest Expense -80-77-75-72-123-151-196-144-230-240

Anglogold Ashanti Ltd Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Interest Expense 7-49-69-76-51-64-71-62-50-60
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