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Western Digital Corp (NAS:WDC)
Interest Expense
$-49 Mil (TTM As of Jun. 2015)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Western Digital Corp's interest expense for the three months ended in Jun. 2015 was $-12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was $-49 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. Western Digital Corp's Operating Income for the three months ended in Jun. 2015 was $255 Mil. Western Digital Corp's Interest Expense for the three months ended in Jun. 2015 was $-12 Mil. Western Digital Corp's interest coverage for the quarter that ended in Jun. 2015 was 21.25. 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.

Western Digital Corp Interest Expense for the trailing twelve months (TTM) ended in Jun. 2015 was -13 (Sep. 2014 ) + -12 (Dec. 2014 ) + -12 (Mar. 2015 ) + -12 (Jun. 2015 ) = $-49 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.

Western Digital Corp's interest expense for the three months ended in Jun. 2015 was $-12 Mil. Its operating income for the three months ended in Jun. 2015 was $255 Mil. And its Long-Term Debt for the three months ended in Jun. 2015 was $2,156 Mil.

Western Digital Corp's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Interest Coverage=-1*Operating Income (Q: Jun. 2015 )/Interest Expense (Q: Jun. 2015 )
=-1*255/-12
=21.25

* 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.

Western Digital Corp Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
Interest Expense -4-4-52-27-9-10-26-55-56-49

Western Digital Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Interest Expense -14-12-13-14-17-12-13-12-12-12
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