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Cyberonics Inc (NAS:CYBX)
Interest Expense
$0.0 Mil (TTM As of Oct. 2015)

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. 2015 was $0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2015 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. 2015 was $-26.4 Mil. Cyberonics Inc's Interest Expense for the three months ended in Oct. 2015 was $-0.1 Mil. Cyberonics Inc 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.

Cyberonics Inc Interest Expense for the trailing twelve months (TTM) ended in Oct. 2015 was 0 (Jan. 2015 ) + 0 (Apr. 2015 ) + 0 (Jul. 2015 ) + 0 (Oct. 2015 ) = $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.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cyberonics Inc's interest expense for the three months ended in Oct. 2015 was $-0.1 Mil. Its operating income for the three months ended in Oct. 2015 was $-26.4 Mil. And its Long-Term Debt for the three months ended in Oct. 2015 was $0.0 Mil.

Cyberonics Inc's Interest Coverage for the quarter that ended in Oct. 2015 is calculated as

Cyberonics Inc 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 own 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 own currency.

Cyberonics Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Interest Expense -0.4-3.0-5.9-5.8-3.4-1.4-0.40.0-0.1-0.0

Cyberonics Inc Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Dec15
Interest Expense 0.00.00.00.00.00.00.00.00.00.0
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