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Andeavor (BSP:ANDV34) Interest Expense : R$-1,596 Mil (TTM As of Jun. 2018)


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What is Andeavor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Andeavor's interest expense for the three months ended in Jun. 2018 was R$ -411 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was R$-1,596 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. Andeavor's Operating Income for the three months ended in Jun. 2018 was R$ 3,198 Mil. Andeavor's Interest Expense for the three months ended in Jun. 2018 was R$ -411 Mil. Andeavor's Interest Coverage for the quarter that ended in Jun. 2018 was 7.78. 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.


Andeavor Interest Expense Historical Data

The historical data trend for Andeavor'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.

Andeavor Interest Expense Chart

Andeavor Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -349.72 -620.85 -842.13 -919.00 -1,446.51

Andeavor Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 -316.36 -303.85 -546.97 -334.46 -411.04

Andeavor 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-1,596 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.


Andeavor  (BSP:ANDV34) 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.

Andeavor's Interest Expense for the three months ended in Jun. 2018 was R$-411 Mil. Its Operating Income for the three months ended in Jun. 2018 was R$3,198 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2018 was R$32,800 Mil.

Andeavor's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2018 )/Interest Expense (Q: Jun. 2018 )
=-1*3197.808/-411.039
=7.78

* 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.


Andeavor (BSP:ANDV34) Business Description

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Andeavor is engaged in the refining and retail marketing of refined petroleum products. The company operates 10 refineries with a total crude oil capacity of 1.2 million barrels per day after the acquisition of Western Refining in 2017. Andeavor also operates 3,200 retail fuel outlets in the Midwest and western United States. It holds a 59% interest in Andeavor Logistics Partners.

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