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Morningstar Inc (NAS:MORN)
Interest Expense
$0.0 Mil (TTM As of Mar. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Morningstar Inc's interest expense for the three months ended in Mar. 2014 was $0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2014 was $0.0 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. Morningstar Inc's Operating Income for the three months ended in Mar. 2014 was $38.5 Mil. Morningstar Inc's Interest Expense for the three months ended in Mar. 2014 was $0.0 Mil. Morningstar Inc's interest coverage for the quarter that ended in Mar. 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.

Morningstar 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 ) = $0.0 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.

Morningstar Inc's interest expense for the three months ended in Mar. 2014 was $0.0 Mil. Its operating income for the three months ended in Mar. 2014 was $38.5 Mil. And its Long-Term Debt for the three months ended in Mar. 2014 was $0.0 Mil.

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

Morningstar 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.

Good Sign:

Morningstar Inc has no debt.


Historical Data

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

Morningstar Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Interest Expense 0.00.00.00.00.00.00.00.00.00.0

Morningstar Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Interest Expense 0.00.00.00.00.00.00.00.00.00.0
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