Switch to:
Educational Development Corp (NAS:EDUC)
Interest Expense
$0.00 Mil (TTM As of May. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Educational Development Corp's interest expense for the three months ended in May. 2014 was $0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2014 was $0.00 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. Educational Development Corp's Operating Income for the three months ended in May. 2014 was $0.38 Mil. Educational Development Corp's Interest Expense for the three months ended in May. 2014 was $0.00 Mil. Educational Development Corp's interest coverage for the quarter that ended in May. 2014 was 10,000.00. 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.

Educational Development Corp Interest Expense for the trailing twelve months (TTM) ended in May. 2014 was 0 (Aug. 2013 ) + 0 (Nov. 2013 ) + 0 (Feb. 2014 ) + 0 (May. 2014 ) = $0.00 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.

Educational Development Corp's interest expense for the three months ended in May. 2014 was $0.00 Mil. Its operating income for the three months ended in May. 2014 was $0.38 Mil. And its Long-Term Debt for the three months ended in May. 2014 was $0.00 Mil.

Educational Development Corp's Interest Coverage for the quarter that ended in May. 2014 is calculated as

Educational Development Corp had no debt.

* 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.

Educational Development Corp Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
Interest Expense -0.07-0.08-0.010.000.000.000.000.000.000.00

Educational Development Corp Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Interest Expense 0.000.000.000.000.000.000.000.000.000.00
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