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Dow Chemical Co (NYSE:DOW)
Interest Expense
\$-882 Mil (TTM As of Jun. 2016)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dow Chemical Co's interest expense for the three months ended in Jun. 2016 was \$-208 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2016 was \$-882 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. Dow Chemical Co's Operating Income for the three months ended in Jun. 2016 was \$915 Mil. Dow Chemical Co's Interest Expense for the three months ended in Jun. 2016 was \$-208 Mil. Dow Chemical Co's interest coverage for the quarter that ended in Jun. 2016 was 4.40. 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.

Dow Chemical Co Interest Expense for the trailing twelve months (TTM) ended in Jun. 2016 was -233 (Sep. 2015 ) + -240 (Dec. 2015 ) + -201 (Mar. 2016 ) + -208 (Jun. 2016 ) = \$-882 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.

Dow Chemical Co's interest expense for the three months ended in Jun. 2016 was \$-208 Mil. Its operating income for the three months ended in Jun. 2016 was \$915 Mil. And its Long-Term Debt for the three months ended in Jun. 2016 was \$20,852 Mil.

Dow Chemical Co's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

 Interest Coverage = -1 * Operating Income (Q: Jun. 2016 ) / Interest Expense (Q: Jun. 2016 ) = -1 * 915 / -208 = 4.4

* 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.

Dow Chemical Co Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Interest Expense -616 -584 -648 -1,571 -1,473 -1,341 -1,269 -1,101 -983 -946

Dow Chemical Co Quarterly Data

 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Interest Expense -246 -242 -233 -262 -241 -232 -233 -240 -201 -208
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