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Johnson & Johnson (NYSE:JNJ)
Interest Expense
$-394 Mil (TTM As of Dec. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Johnson & Johnson's interest expense for the three months ended in Dec. 2014 was $0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was $-394 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. Johnson & Johnson's Operating Income for the three months ended in Dec. 2014 was $3,788 Mil. Johnson & Johnson's Interest Expense for the three months ended in Dec. 2014 was $0 Mil. Johnson & Johnson's interest coverage for the quarter that ended in Dec. 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.

Johnson & Johnson Interest Expense for the trailing twelve months (TTM) ended in Dec. 2014 was -136 (Mar. 2014 ) + -128 (Jun. 2014 ) + -130 (Sep. 2014 ) + 0 (Dec. 2014 ) = $-394 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.

Johnson & Johnson's interest expense for the three months ended in Dec. 2014 was $0 Mil. Its operating income for the three months ended in Dec. 2014 was $3,788 Mil. And its Long-Term Debt for the three months ended in Dec. 2014 was $0 Mil.

Johnson & Johnson's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Johnson & Johnson 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.

Good Sign:

Johnson & Johnson has no debt.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Johnson & Johnson Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Interest Expense -54-63-296-435-451-455-571-532-4820

Johnson & Johnson Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Interest Expense -135-107-125-118-105-134-136-128-1300
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