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Calamos Asset Management (Calamos Asset Management) Interest Expense

: $-2.5 Mil (TTM As of Sep. 2016)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Calamos Asset Management's interest expense for the three months ended in Sep. 2016 was $ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-2.5 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. Calamos Asset Management's Operating Income for the three months ended in Sep. 2016 was $ 4.1 Mil. Calamos Asset Management's Interest Expense for the three months ended in Sep. 2016 was $ -0.2 Mil. Calamos Asset Management's Interest Coverage for the quarter that ended in Sep. 2016 was 17.25. 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.


Calamos Asset Management Interest Expense Historical Data

The historical data trend for Calamos Asset Management'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.

* Premium members only.

Calamos Asset Management Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.65 -6.02 -6.02 -4.67 -3.07

Calamos Asset Management Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.77 -0.76 -0.76 -0.70 -0.24

Calamos Asset Management 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.5 Mil.

* 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.


Calamos Asset Management  (NAS:CLMS) Interest Expense 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.

Calamos Asset Management's Interest Expense for the three months ended in Sep. 2016 was $-0.2 Mil. Its Operating Income for the three months ended in Sep. 2016 was $4.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2016 was $0.0 Mil.

Calamos Asset Management's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2016 )/Interest Expense (Q: Sep. 2016 )
=-1*4.105/-0.238
=17.25

* 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.

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


Calamos Asset Management (Calamos Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
Calamos Asset Management Inc is a Delaware corporation, incorporated on July 23, 2004. It is an asset management firm that offers strategies to fulfill a range of asset allocation goals through a multi-team platform. The Company together with its subsidiaries provides investment advisory services to individuals and institutional investors through open-end funds, closed-end funds, separate accounts, offshore funds and partnerships. The company applies an investment philosophy and proprietary process centered on risk management across a range of investment strategies, including equity, balanced, convertible, high yield, alternative, fixed income and money market investments. The Company currently offers four types of investment products that fall into the categories of mutual funds and separate accounts. Funds include its open-end and closed-end funds as well as its Offshore Funds. The Company includes the Offshore Funds in open-end funds for reporting purposes. Separate accounts are individual portfolios of securities managed to meet clients specific needs and include institutional accounts and managed accounts. The Company competes in all aspects of its business with a large number of investment management firms, commercial banks, broker-dealers and insurance companies. In the United States and other countries in which it does business, it is subject to regulations and laws at both a federal and state level, including U.S. federal, state and local tax laws as well as similar foreign jurisdiction tax laws.
Executives
Keith M Schappert other: Former Director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Thomas F Eggers other: Former Director CALAMOS ASSET MANAGEMENT, INC., 2020 CALAMOS COURT, NAPERVILLE IL 60563
William N Shiebler other: Former Director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Robert Behan officer: Pres., Head of Global Distrib. 2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos Family Partners, Inc. 10 percent owner 2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos John P Sr director, 10 percent owner, officer: Founder, Chairman & Global CIO 2020 CALAMOS COURT, NAPERVILLE IL 60563
Mangrove Partners Fund, L.p. 10 percent owner 645 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Capital Mangrove 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Partners Mangrove 10 percent owner 645 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Nathaniel H. August 10 percent owner 10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Mangrove Partners Master Fund, Ltd. 10 percent owner 645 MADISON AVE, 14 FLOOR, NEW YORK NY 10022
Mangrove Partners Fund (cayman), Ltd. 10 percent owner MAPLES CORP. SVCS, PO BOX 309, UGLAND HOUSE, S. CHURCH STREET, GEORGE TOWN E9 KY1-1104
Thomas E Herman officer: SVP, Chief Fiancial Officer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Nimish S Bhatt officer: SVP & CFO 2020 CALAMOS COURT, NAPERVILLE IL 60563
John S. Koudounis director, officer: CEO 2020 CALAMOS COURT, NAPERVILLE IL 60563

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