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Forest Laboratories Inc (NYSE:FRX)
Interest Expense
$0 Mil (TTM As of Mar. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forest Laboratories Inc's interest expense for the three months ended in Mar. 2014 was $0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2014 was $0 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. Forest Laboratories Inc's Operating Income for the three months ended in Mar. 2014 was $-28 Mil. Forest Laboratories Inc's Interest Expense for the three months ended in Mar. 2014 was $0 Mil. Forest Laboratories Inc's interest coverage for the quarter that ended in Mar. 2014 was 0.00. 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.

Forest Laboratories Inc Interest Expense for the trailing twelve months (TTM) ended in Mar. 2014 was 0 (Jun. 2013 ) + 0 (Sep. 2013 ) + 0 (Dec. 2013 ) + 0 (Mar. 2014 ) = $0 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.

Forest Laboratories Inc's interest expense for the three months ended in Mar. 2014 was $0 Mil. Its operating income for the three months ended in Mar. 2014 was $-28 Mil. And its Long-Term Debt for the three months ended in Mar. 2014 was $3,000 Mil.

Forest Laboratories Inc's Interest Coverage for the quarter that ended in Mar. 2014 is calculated as

Forest Laboratories Inc 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.

Forest Laboratories Inc Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Interest Expense 0000000000

Forest Laboratories Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Interest Expense 0000000000
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