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GuruFocus has detected 4 Warning Signs with B/E Aerospace Inc \$BEAV.
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B/E Aerospace Inc (NAS:BEAV)
Interest Expense
\$-205 Mil (TTM As of Dec. 2016)

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 Dec. 2016 was \$-159 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was \$-205 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 Dec. 2016 was \$109 Mil. B/E Aerospace Inc's Interest Expense for the three months ended in Dec. 2016 was \$-159 Mil. B/E Aerospace Inc's interest coverage for the quarter that ended in Dec. 2016 was 0.68. 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.

B/E Aerospace Inc Interest Expense for the trailing twelve months (TTM) ended in Dec. 2016 was -23.1 (Mar. 2016 ) + -22.7 (Jun. 2016 ) + 0 (Sep. 2016 ) + -159.3 (Dec. 2016 ) = \$-205 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

B/E Aerospace Inc's interest expense for the three months ended in Dec. 2016 was \$-159 Mil. Its operating income for the three months ended in Dec. 2016 was \$109 Mil. And its Long-Term Debt for the three months ended in Dec. 2016 was \$2,037 Mil.

B/E Aerospace Inc's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

 Interest Coverage = -1 * Operating Income (Q: Dec. 2016 ) / Interest Expense (Q: Dec. 2016 ) = -1 * 108.6 / -159.3 = 0.68

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

B/E Aerospace Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Interest Expense -21 0 0 -92 -105 -124 -123 -131 -95 -91

B/E Aerospace Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Interest Expense -34 -34 -24 -24 0 -167 -23 -23 0 -159
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