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Sutor Technology Group Ltd (NAS:SUTR)
Interest Expense
$-11.3 Mil (TTM As of Sep. 2014)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sutor Technology Group Ltd's interest expense for the three months ended in Sep. 2014 was $-3.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was $-11.3 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. Sutor Technology Group Ltd's Operating Income for the three months ended in Sep. 2014 was $-4.4 Mil. Sutor Technology Group Ltd's Interest Expense for the three months ended in Sep. 2014 was $-3.0 Mil. Sutor Technology Group Ltd's interest coverage for the quarter that ended in Sep. 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.

Sutor Technology Group Ltd Interest Expense for the trailing twelve months (TTM) ended in Sep. 2014 was -2.575 (Dec. 2013 ) + -1.999 (Mar. 2014 ) + -3.737 (Jun. 2014 ) + -2.978 (Sep. 2014 ) = $-11.3 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.

Sutor Technology Group Ltd's interest expense for the three months ended in Sep. 2014 was $-3.0 Mil. Its operating income for the three months ended in Sep. 2014 was $-4.4 Mil. And its Long-Term Debt for the three months ended in Sep. 2014 was $11.0 Mil.

Sutor Technology Group Ltd's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Sutor Technology Group Ltd 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.

Sutor Technology Group Ltd Annual Data

Dec05Dec06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Mar14
Interest Expense 0.00.0-2.3-6.3-5.9-5.8-8.0-13.3-10.2-8.1

Sutor Technology Group Ltd Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Interest Expense -5.7-3.5-2.3-2.6-1.8-1.8-2.6-2.0-3.7-3.0
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