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JC Penney Co Inc (NYSE:JCP)
Interest Expense
$-194 Mil (TTM As of Apr. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JC Penney Co Inc's interest expense for the three months ended in Apr. 2014 was $0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2014 was $-194 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. JC Penney Co Inc's Operating Income for the three months ended in Apr. 2014 was $-247 Mil. JC Penney Co Inc's Interest Expense for the three months ended in Apr. 2014 was $0 Mil. JC Penney Co Inc's interest coverage for the quarter that ended in Apr. 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.

JC Penney Co Inc Interest Expense for the trailing twelve months (TTM) ended in Apr. 2014 was -95 (Jul. 2013 ) + -99 (Oct. 2013 ) + 0 (Jan. 2014 ) + 0 (Apr. 2014 ) = $-194 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.

JC Penney Co Inc's interest expense for the three months ended in Apr. 2014 was $0 Mil. Its operating income for the three months ended in Apr. 2014 was $-247 Mil. And its Long-Term Debt for the three months ended in Apr. 2014 was $4,891 Mil.

JC Penney Co Inc's Interest Coverage for the quarter that ended in Apr. 2014 is calculated as

JC Penney Co 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.

JC Penney Co Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Interest Expense -272-169-270-153-225-260-231-227-2260

JC Penney Co Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Interest Expense 0-58-55-57-61-95-99000
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