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Gannett Co Inc (NYSE:GCI)
Interest Expense
$-263 Mil (TTM As of Sep. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gannett Co Inc's interest expense for the three months ended in Sep. 2014 was $-66 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was $-263 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. Gannett Co Inc's Operating Income for the three months ended in Sep. 2014 was $271 Mil. Gannett Co Inc's Interest Expense for the three months ended in Sep. 2014 was $-66 Mil. Gannett Co Inc's interest coverage for the quarter that ended in Sep. 2014 was 4.10. 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.

Gannett Co Inc Interest Expense for the trailing twelve months (TTM) ended in Sep. 2014 was -62.857 (Dec. 2013 ) + -69.648 (Mar. 2014 ) + -64.148 (Jun. 2014 ) + -65.931 (Sep. 2014 ) = $-263 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.

Gannett Co Inc's interest expense for the three months ended in Sep. 2014 was $-66 Mil. Its operating income for the three months ended in Sep. 2014 was $271 Mil. And its Long-Term Debt for the three months ended in Sep. 2014 was $4,107 Mil.

Gannett Co Inc's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Interest Coverage=-1*Operating Income (Q: Sep. 2014 )/Interest Expense (Q: Sep. 2014 )
=-1*270.517/-65.931
=4.10

* 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.

Gannett Co Inc Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
Interest Expense -139-141-211-288-260-191-176-173-173-150

Gannett Co Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Interest Expense -36-36-39-35-36-42-63-70-64-66
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