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ConocoPhillips (NYSE:COP)
Interest Expense
$-1,112 Mil (TTM As of Sep. 2016)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ConocoPhillips's interest expense for the three months ended in Sep. 2016 was $-335 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-1,112 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. ConocoPhillips's Operating Income for the three months ended in Sep. 2016 was $-1,183 Mil. ConocoPhillips's Interest Expense for the three months ended in Sep. 2016 was $-335 Mil. ConocoPhillips did not have earnings to cover the interest expense. 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.

ConocoPhillips Interest Expense for the trailing twelve months (TTM) ended in Sep. 2016 was -184 (Dec. 2015 ) + -281 (Mar. 2016 ) + -312 (Jun. 2016 ) + -335 (Sep. 2016 ) = $-1,112 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.

ConocoPhillips's interest expense for the three months ended in Sep. 2016 was $-335 Mil. Its operating income for the three months ended in Sep. 2016 was $-1,183 Mil. And its Long-Term Debt for the three months ended in Sep. 2016 was $27,353 Mil.

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

ConocoPhillips did not have earnings to cover the interest expense.

* 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.

ConocoPhillips Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Interest Expense -1,087-1,253-935-1,289-1,187-954-709-420-575-836

ConocoPhillips Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Interest Expense -155-149-100-202-210-240-184-281-312-335
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