Switch to:
Walt Disney Co (NYSE:DIS)
Interest Expense
$-303 Mil (TTM As of Jun. 2014)

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 Jun. 2014 was $-74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was $-303 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 Jun. 2014 was $3,498 Mil. Walt Disney Co's Interest Expense for the three months ended in Jun. 2014 was $-74 Mil. Walt Disney Co's interest coverage for the quarter that ended in Jun. 2014 was 47.27. 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.

Walt Disney Co Interest Expense for the trailing twelve months (TTM) ended in Jun. 2014 was -81 (Sep. 2013 ) + -81 (Dec. 2013 ) + -67 (Mar. 2014 ) + -74 (Jun. 2014 ) = $-303 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.

Walt Disney Co's interest expense for the three months ended in Jun. 2014 was $-74 Mil. Its operating income for the three months ended in Jun. 2014 was $3,498 Mil. And its Long-Term Debt for the three months ended in Jun. 2014 was $12,920 Mil.

Walt Disney Co's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Interest Coverage=-1*Operating Income (Q: Jun. 2014 )/Interest Expense (Q: Jun. 2014 )
=-1*3498/-74
=47.27

* 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.

Walt Disney Co Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Interest Expense -617-597-706-746-524-588-456-435-472-349

Walt Disney Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Interest Expense -126-115-115-92-83-93-81-81-67-74
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