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Prestige Brands Holdings Inc (NYSE:PBH)
Interest Expense
$-71.9 Mil (TTM As of Dec. 2013)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prestige Brands Holdings Inc's interest expense for the three months ended in Dec. 2013 was $-21.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was $-71.9 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. Prestige Brands Holdings Inc's Operating Income for the three months ended in Dec. 2013 was $40.5 Mil. Prestige Brands Holdings Inc's Interest Expense for the three months ended in Dec. 2013 was $-21.3 Mil. Prestige Brands Holdings Inc's interest coverage for the quarter that ended in Dec. 2013 was 1.90. 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.

Prestige Brands Holdings Inc Interest Expense for the trailing twelve months (TTM) ended in Dec. 2013 was -18.242 (Mar. 2013 ) + -15.908 (Jun. 2013 ) + -16.464 (Sep. 2013 ) + -21.276 (Dec. 2013 ) = $-71.9 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.

Prestige Brands Holdings Inc's interest expense for the three months ended in Dec. 2013 was $-21.3 Mil. Its operating income for the three months ended in Dec. 2013 was $40.5 Mil. And its Long-Term Debt for the three months ended in Dec. 2013 was $981.5 Mil.

Prestige Brands Holdings Inc's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Interest Coverage=-1*Operating Income (Q: Dec. 2013 )/Interest Expense (Q: Dec. 2013 )
=-1*40.458/-21.276
=1.90

* 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.

Prestige Brands Holdings Inc Annual Data

Mar04Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13
Interest Expense -9.9-45.1-36.9-40.5-38.1-28.6-22.9-27.3-41.3-84.4

Prestige Brands Holdings Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Interest Expense -8.3-8.1-16.4-19.9-19.7-26.7-18.2-15.9-16.5-21.3
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