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American Biltrite (American Biltrite) Interest Expense : $-0.8 Mil (TTM As of Dec. 2011)


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What is American Biltrite Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Biltrite's interest expense for the three months ended in Dec. 2011 was $ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2011 was $-0.8 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. American Biltrite's Operating Income for the three months ended in Dec. 2011 was $ -0.5 Mil. American Biltrite's Interest Expense for the three months ended in Dec. 2011 was $ -0.3 Mil. American Biltrite 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.


American Biltrite Interest Expense Historical Data

The historical data trend for American Biltrite's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Biltrite Interest Expense Chart

American Biltrite Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -2.07 -1.08 -0.92 -0.84

American Biltrite Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.24 -0.15 -0.20 -0.24 -0.25

American Biltrite Interest Expense Calculation

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

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Biltrite  (OTCPK:ABLT) Interest Expense 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.

American Biltrite's Interest Expense for the three months ended in Dec. 2011 was $-0.3 Mil. Its Operating Income for the three months ended in Dec. 2011 was $-0.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2011 was $4.3 Mil.

American Biltrite's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

American Biltrite did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


American Biltrite (American Biltrite) Business Description

Traded in Other Exchanges
N/A
Address
57 River Street, Suite 302, Wellesley Hills, MA, USA, 02481-2097
American Biltrite Inc is engaged in providing flooring products, tape products, jewelry, and rubber products globally. It offers all the products from its operating divisions, Tape Division, K&M Associates L.P., and American Biltrite (Canada) Ltd. The Tape products division provides specialized pressure-sensitive tapes, films, and protective sheeting. American Biltrite (Canada) Ltd manufactures and distributes commercial flooring and performance sheet rubber throughout North America. K&M Associates L.P. supplies fashion jewelry and sells branded and private-label products to a wide range of retail customers.
Executives
Mark N Kaplan director C/O AUTOWEB, INC. 6410 OAK CANYON, SUITE 250 IRVINE CA 92618
Mark S Newman director DRS TECHNOLOGIES, INC., 5 SYLVAN WAY, PARSIPPANY NJ 07054
Kenneth I Watchmaker director
Frederick H Joseph director 93 ABBOT STREET, ANDOVER MA 01810

American Biltrite (American Biltrite) Headlines

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