GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rockwell Collins Inc (NYSE:COL) » Definitions » Interest Expense

Rockwell Collins (Rockwell Collins) Interest Expense : $-262 Mil (TTM As of Sep. 2018)


View and export this data going back to 2001. Start your Free Trial

What is Rockwell Collins Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rockwell Collins's interest expense for the three months ended in Sep. 2018 was $ -66 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-262 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. Rockwell Collins's Operating Income for the three months ended in Sep. 2018 was $ 363 Mil. Rockwell Collins's Interest Expense for the three months ended in Sep. 2018 was $ -66 Mil. Rockwell Collins's Interest Coverage for the quarter that ended in Sep. 2018 was 5.50. 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.


Rockwell Collins Interest Expense Historical Data

The historical data trend for Rockwell Collins'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.

Rockwell Collins Interest Expense Chart

Rockwell Collins Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.00 -61.00 -64.00 -187.00 -262.00

Rockwell Collins Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Interest Expense Get a 7-Day Free Trial 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 -65.00 -64.00 -66.00 -66.00 -66.00

Rockwell Collins 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-262 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.


Rockwell Collins  (NYSE:COL) 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.

Rockwell Collins's Interest Expense for the three months ended in Sep. 2018 was $-66 Mil. Its Operating Income for the three months ended in Sep. 2018 was $363 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $5,681 Mil.

Rockwell Collins's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2018 )/Interest Expense (Q: Sep. 2018 )
=-1*363/-66
=5.50

* 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.


Rockwell Collins (Rockwell Collins) Business Description

Traded in Other Exchanges
N/A
Address
Rockwell Collins Inc develops communications and aviation electronics for commercial and military customers worldwide. It employs over 20,000 people. Competencies include communications, navigation, automated flight control, displays, simulation and training, integrated electronics, and information systems. The firm sells to governments, airlines, and aircraft manufacturers, while providing aftermarket services for many of its products. The company recently closed its acquisition of B/E Aerospace, an aircraft seat and cabin manufacturer.
Executives
John A Edwardson director P O BOX 66100-WHQLD, CHICAGO IL 60666
Robert Kelly Ortberg director, officer: Chairman, Pres & CEO 870 WINTER STREET, WALTHAM MA 02451
Patrick E Allen officer: Sr. VP and CFO 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
David Lilley director
Ralph E Eberhart director 909 N. WASHINGTON STREET, ALEXANDRIA VA 22314
Richard Hamermesh director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Jeffrey L Turner director SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER, WICHITA KS 67210
Cheryl L Shavers director 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
Andrew J Policano director
Robert J Perna officer: Sr. VP, Gnrl Counsel & Secy 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Besong John Paul E officer: Sr. VP, eBusiness 400 COLLINS ROAD NE M/S 124-003, CEDAR RAPIDS IA 52498001
Clayton M Jones director 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Donald R Beall director 5 SAN JOAQUIN PLAZA, SUITE 320, NEWPORT BEACH CA 92660
Toot Joseph F Jr director 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498

Rockwell Collins (Rockwell Collins) Headlines

From GuruFocus

Westport Funds Portfolio Review as of Dec. 31, 2013

By Holly LaFon Holly LaFon 03-26-2014

5 Companies Hit 52-Week Highs

By yifan900 yifan900 12-04-2018

Jeff Ubben's Aerospace Defense Pick

By Vanina Egea Vanina Egea 03-17-2014

5 Companies Hit 52-Week Highs

By yifan900 yifan900 09-11-2018

Rockwell Collins Inc: Fundamental Stock Research Analysis

By FAST Graphs FAST Graphs 12-13-2012

Aerospace, U.S. Defense Cuts and International Presence

By Vanin Aegea Vanin Aegea 10-22-2013