Powerland AG (FRA:1PL) Interest Expense : €-3.4 Mil (TTM As of Sep. 2015)

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What is Powerland AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Powerland AG's interest expense for the three months ended in Sep. 2015 was € -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was €-3.4 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. Powerland AG's Operating Income for the three months ended in Sep. 2015 was € 6.7 Mil. Powerland AG's Interest Expense for the three months ended in Sep. 2015 was € -0.7 Mil. Powerland AG's Interest Coverage for the quarter that ended in Sep. 2015 was 10.27. 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.

Powerland AG Interest Expense Historical Data

The historical data trend for Powerland AG'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.

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Powerland AG Interest Expense Chart

Powerland AG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Expense

-0.95

-4.81

-2.37

-2.46

-3.83

Powerland AG Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Interest Expense	Get a 7-Day Free Trial															-0.78	-1.60	-0.63	-0.52	-0.65

Powerland AG 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.4 Mil.

Powerland AG (FRA:1PL) Interest Expense Explanation

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

Powerland AG's Interest Expense for the three months ended in Sep. 2015 was €-0.7 Mil. Its Operating Income for the three months ended in Sep. 2015 was €6.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was €30.8 Mil.

Powerland AG's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2015 )	/	Interest Expense (Q: Sep. 2015 )
	=	-1	*	6.675	/	-0.65
	=	10.27

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

Powerland AG (FRA:1PL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Powerland AG (FRA:1PL) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Website

http://www.powerland.ag

Powerland AG along with its subsidiaries is engaged in designing, manufacturing and sale of luggage bags and leather products. The Company operates its business into two segments: Luxury and Casual.

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