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B/E Aerospace Inc (NAS:BEAV)
Interest Expense
$-123 Mil (TTM As of Mar. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. B/E Aerospace Inc's interest expense for the three months ended in Mar. 2014 was $-31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2014 was $-123 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. B/E Aerospace Inc's Operating Income for the three months ended in Mar. 2014 was $183 Mil. B/E Aerospace Inc's Interest Expense for the three months ended in Mar. 2014 was $-31 Mil. B/E Aerospace Inc's interest coverage for the quarter that ended in Mar. 2014 was 5.98. 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.

B/E Aerospace Inc Interest Expense for the trailing twelve months (TTM) ended in Mar. 2014 was -30.5 (Jun. 2013 ) + -30.5 (Sep. 2013 ) + -30.9 (Dec. 2013 ) + -30.6 (Mar. 2014 ) = $-123 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.

B/E Aerospace Inc's interest expense for the three months ended in Mar. 2014 was $-31 Mil. Its operating income for the three months ended in Mar. 2014 was $183 Mil. And its Long-Term Debt for the three months ended in Mar. 2014 was $1,959 Mil.

B/E Aerospace Inc's Interest Coverage for the quarter that ended in Mar. 2014 is calculated as

Interest Coverage=-1*Operating Income (Q: Mar. 2014 )/Interest Expense (Q: Mar. 2014 )
=-1*183/-30.6
=5.98

* 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.

B/E Aerospace Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Interest Expense -76-59-390-48-88-92-105-124-123

B/E Aerospace Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Interest Expense -27-28-33-32-31-31-31-31-31-31
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