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GuruFocus has detected 3 Warning Signs with Pentair PLC $PNR.
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Pentair PLC (NYSE:PNR)
Interest Expense
$-318 Mil (TTM As of Dec. 2016)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pentair PLC's interest expense for the three months ended in Dec. 2016 was $-246 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-318 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. Pentair PLC's Operating Income for the three months ended in Dec. 2016 was $162 Mil. Pentair PLC's Interest Expense for the three months ended in Dec. 2016 was $-246 Mil. Pentair PLC's interest coverage for the quarter that ended in Dec. 2016 was 0.66. The higher the ratio, the stronger the company’s financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Definition

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Pentair PLC Interest Expense for the trailing twelve months (TTM) ended in Dec. 2016 was -36.4 (Mar. 2016 ) + -35.5 (Jun. 2016 ) + 0 (Sep. 2016 ) + -246 (Dec. 2016 ) = $-318 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pentair PLC's interest expense for the three months ended in Dec. 2016 was $-246 Mil. Its operating income for the three months ended in Dec. 2016 was $162 Mil. And its Long-Term Debt for the three months ended in Dec. 2016 was $4,278 Mil.

Pentair PLC's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Interest Coverage=-1*Operating Income (Q: Dec. 2016 )/Interest Expense (Q: Dec. 2016 )
=-1*161.8/-246
=0.66

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Pentair PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Interest Expense -70-61-42-37-60-70-75-71-107-148

Pentair PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Interest Expense 0-120-18-190-169-36-360-246
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