Switch to:
Avon Products Inc (NYSE:AVP)
Interest Expense
$-127 Mil (TTM As of Jun. 2016)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avon Products Inc's interest expense for the three months ended in Jun. 2016 was $-33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2016 was $-127 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. Avon Products Inc's Operating Income for the three months ended in Jun. 2016 was $95 Mil. Avon Products Inc's Interest Expense for the three months ended in Jun. 2016 was $-33 Mil. Avon Products Inc's interest coverage for the quarter that ended in Jun. 2016 was 2.86. 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.


Definition

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

Avon Products Inc Interest Expense for the trailing twelve months (TTM) ended in Jun. 2016 was -30.1 (Sep. 2015 ) + -30.8 (Dec. 2015 ) + -32.7 (Mar. 2016 ) + -33.2 (Jun. 2016 ) = $-127 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.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Avon Products Inc's interest expense for the three months ended in Jun. 2016 was $-33 Mil. Its operating income for the three months ended in Jun. 2016 was $95 Mil. And its Long-Term Debt for the three months ended in Jun. 2016 was $2,140 Mil.

Avon Products Inc's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Interest Coverage=-1*Operating Income (Q: Jun. 2016 )/Interest Expense (Q: Jun. 2016 )
=-1*95.1/-33.2
=2.86

* 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.

Avon Products Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Interest Expense -100-112-100-105-87-93-104-118-109-121

Avon Products Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Interest Expense -28-29-28-25-28-31-30-31-33-33
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK