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Dollar Tree Stores Inc (NAS:DLTR)
Interest Expense
$-17 Mil (TTM As of Jul. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dollar Tree Stores Inc's interest expense for the three months ended in Jul. 2014 was $-8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2014 was $-17 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. Dollar Tree Stores Inc's Operating Income for the three months ended in Jul. 2014 was $205 Mil. Dollar Tree Stores Inc's Interest Expense for the three months ended in Jul. 2014 was $-8 Mil. Dollar Tree Stores Inc's interest coverage for the quarter that ended in Jul. 2014 was 24.40. 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.

Dollar Tree Stores Inc Interest Expense for the trailing twelve months (TTM) ended in Jul. 2014 was 0 (Oct. 2013 ) + -8.9 (Jan. 2014 ) + 0 (Apr. 2014 ) + -8.4 (Jul. 2014 ) = $-17 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.

Dollar Tree Stores Inc's interest expense for the three months ended in Jul. 2014 was $-8 Mil. Its operating income for the three months ended in Jul. 2014 was $205 Mil. And its Long-Term Debt for the three months ended in Jul. 2014 was $757 Mil.

Dollar Tree Stores Inc's Interest Coverage for the quarter that ended in Jul. 2014 is calculated as

Interest Coverage=-1*Operating Income (Q: Jul. 2014 )/Interest Expense (Q: Jul. 2014 )
=-1*205/-8.4
=24.40

* 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.

Dollar Tree Stores Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Interest Expense -9-14-17-17-9-5-6-3-3-15

Dollar Tree Stores Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Interest Expense -100-00-10-90-8
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