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Western Digital Corp (NAS:WDC)
Interest Expense
$-266 Mil (TTM As of Jun. 2016)

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. 2016 was $-226 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2016 was $-266 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. 2016 was $-195 Mil. Western Digital Corp's Interest Expense for the three months ended in Jun. 2016 was $-226 Mil. Western Digital Corp did not have earnings to cover the interest expense. 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.

Western Digital Corp Interest Expense for the trailing twelve months (TTM) ended in Jun. 2016 was -13 (Sep. 2015 ) + -13 (Dec. 2015 ) + -14 (Mar. 2016 ) + -226 (Jun. 2016 ) = $-266 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.

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

Western Digital Corp's interest expense for the three months ended in Jun. 2016 was $-226 Mil. Its operating income for the three months ended in Jun. 2016 was $-195 Mil. And its Long-Term Debt for the three months ended in Jun. 2016 was $13,660 Mil.

Western Digital Corp's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Western Digital Corp 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.

Western Digital Corp Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
Interest Expense -4-52-27-9-10-26-55-56-49-266

Western Digital Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Interest Expense -17-12-13-12-12-12-13-13-14-226
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