Switch to:
Cyberonics Inc (NAS:CYBX)
Interest Expense
$-0.0 Mil (TTM As of Oct. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cyberonics Inc's interest expense for the three months ended in Oct. 2014 was $0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2014 was $-0.0 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. Cyberonics Inc's Operating Income for the three months ended in Oct. 2014 was $26.3 Mil. Cyberonics Inc's Interest Expense for the three months ended in Oct. 2014 was $0.0 Mil. Cyberonics Inc's interest coverage for the quarter that ended in Oct. 2014 was 10,000.00. 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.

Cyberonics Inc Interest Expense for the trailing twelve months (TTM) ended in Oct. 2014 was -0.017 (Jan. 2014 ) + -0.003 (Apr. 2014 ) + 0 (Jul. 2014 ) + 0 (Oct. 2014 ) = $-0.0 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.

Cyberonics Inc's interest expense for the three months ended in Oct. 2014 was $0.0 Mil. Its operating income for the three months ended in Oct. 2014 was $26.3 Mil. And its Long-Term Debt for the three months ended in Oct. 2014 was $0.0 Mil.

Cyberonics Inc's Interest Coverage for the quarter that ended in Oct. 2014 is calculated as

Cyberonics Inc had no debt.

* 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.

Good Sign:

Cyberonics Inc has no debt.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cyberonics Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Interest Expense -0.4-3.0-5.9-5.8-3.4-1.4-0.4-0.3-0.1-0.0

Cyberonics Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
Interest Expense 0.00.00.0-0.00.00.0-0.0-0.00.00.0
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK