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Education Management (Education Management) Interest Expense

: $-128 Mil (TTM As of Jun. 2014)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Education Management's interest expense for the three months ended in Jun. 2014 was $ -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was $-128 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. Education Management's Operating Income for the three months ended in Jun. 2014 was $ -6 Mil. Education Management's Interest Expense for the three months ended in Jun. 2014 was $ -33 Mil. Education Management 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.


Education Management Interest Expense Historical Data

The historical data trend for Education Management's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Education Management Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -121.46 -120.69 -110.33 -124.66 -128.03

Education Management Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.74 -31.87 -31.62 -31.08 -33.48

Education Management Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-128 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Education Management  (OTCPK:EDMCQ) Interest Expense 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.

Education Management's Interest Expense for the three months ended in Jun. 2014 was $-33 Mil. Its Operating Income for the three months ended in Jun. 2014 was $-6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2014 was $1,272 Mil.

Education Management's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Education Management did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Education Management (Education Management) Business Description

Traded in Other Exchanges
N/A
Address
210 Sixth Avenue, 33rd Floor, Pittsburgh, PA, USA, 15222
Education Management Corp provides post-secondary education in North America. It offers academic programs to students through campus-based and online instruction, or through a combination of both. The company operates in four segments including The Art Institutes; Argosy University; Brown Mackie Colleges and South University. The Art Institutes focus on applied arts in creative professions such as graphic design, media arts, and animation, culinary arts. Brown Mackie Colleges offer flexible Associate's and non-degree diploma programs that enable students to develop skills for entry-level positions in high-demand vocational specialties. South University offers academic programs in health profession and business disciplines, health sciences, nursing, criminal justice, psychology, and IT.
Executives
Carol Dibattiste officer: See Remarks 1155 W FREDERICK SMALL RD, JUPITER FL 33458
Mick J Beekhuizen officer: See Remarks C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Edward H West director, officer: See Remarks 3250 BRIARPARK DR, SUITE 400, HOUSTON TX 77042
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
James Hobby officer: See Remarks 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
John Robert Kline officer: See Remarks PERDOCEO EDUCATION CORPORATION, 1750 E. GOLF ROAD, SCHAUMBURG IL 60173
Jonathan M Nelson 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Robert G. Hrivnak officer: See Remarks C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Jeffrey T Leeds director 660 MADISON AVE 15TH FL, NEW YORK NY 10021
Samuel C Cowley director 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Brian A. Napack director C/O JOHN WILEY & SONS, INC., 111 RIVER STREET, HOBOKEN NJ 07030
Providence Equity Gp Iv L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Iv, L.l.c. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Iv Lp 10 percent owner
William R Johnson director UNITED PARCEL SERVICE, INC., 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328

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