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National Bank of Greece (NYSE:NBG)
Interest Expense
$-2,949 Mil (TTM As of Jun. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Bank of Greece's interest expense for the three months ended in Jun. 2014 was $-779 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was $-2,949 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. National Bank of Greece's Operating Income for the three months ended in Jun. 2014 was $-176 Mil. National Bank of Greece's Interest Expense for the three months ended in Jun. 2014 was $-779 Mil. National Bank of Greece's interest coverage for the quarter that ended in Jun. 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.

National Bank of Greece Interest Expense for the trailing twelve months (TTM) ended in Jun. 2014 was -814.46111869 (Sep. 2013 ) + -608.991825613 (Dec. 2013 ) + -745.856353591 (Mar. 2014 ) + -779.431664411 (Jun. 2014 ) = $-2,949 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.

National Bank of Greece's interest expense for the three months ended in Jun. 2014 was $-779 Mil. Its operating income for the three months ended in Jun. 2014 was $-176 Mil. And its Long-Term Debt for the three months ended in Jun. 2014 was $7,332 Mil.

National Bank of Greece's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

National Bank of Greece did not have earnings to cover the interest expense.

* 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.

National Bank of Greece Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Interest Expense -868-1,074-1,843-4,120-4,358-3,488-2,761-3,370-3,636-3,042

National Bank of Greece Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Interest Expense -954-870-9200-813-740-814-609-746-779
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