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Walt Disney Co (NYSE:DIS)
Interest Expense
$-409 Mil (TTM As of Dec. 2016)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Walt Disney Co's interest expense for the three months ended in Dec. 2016 was $-121 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-409 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. Walt Disney Co's Operating Income for the three months ended in Dec. 2016 was $3,706 Mil. Walt Disney Co's Interest Expense for the three months ended in Dec. 2016 was $-121 Mil. Walt Disney Co's interest coverage for the quarter that ended in Dec. 2016 was 30.63. 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.

Walt Disney Co Interest Expense for the trailing twelve months (TTM) ended in Dec. 2016 was -81 (Mar. 2016 ) + -88 (Jun. 2016 ) + -119 (Sep. 2016 ) + -121 (Dec. 2016 ) = $-409 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.

Walt Disney Co's interest expense for the three months ended in Dec. 2016 was $-121 Mil. Its operating income for the three months ended in Dec. 2016 was $3,706 Mil. And its Long-Term Debt for the three months ended in Dec. 2016 was $14,792 Mil.

Walt Disney Co's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Interest Coverage=-1*Operating Income (Q: Dec. 2016 )/Interest Expense (Q: Dec. 2016 )
=-1*3706/-121
=30.63

* 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.

Walt Disney Co Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Interest Expense -746-524-588-456-435-472-349-294-265-354

Walt Disney Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Interest Expense -72-69-66-62-68-66-81-88-119-121
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