Fantex (Fantex) Interest Expense : $-0.33 Mil (TTM As of Sep. 2016)

View and export this data going back to 2014. Start your Free Trial

What is Fantex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fantex's interest expense for the three months ended in Sep. 2016 was $ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-0.33 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. Fantex's Operating Income for the three months ended in Sep. 2016 was $ 5.86 Mil. Fantex's Interest Expense for the three months ended in Sep. 2016 was $ -0.07 Mil. Fantex's Interest Coverage for the quarter that ended in Sep. 2016 was 82.52. 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.

Fantex Interest Expense Historical Data

The historical data trend for Fantex'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.

Fantex Interest Expense Chart

Fantex Annual Data

Trend

Dec13

Dec14

Dec15

Interest Expense

Fantex Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Interest Expense	Get a 7-Day Free Trial										-	-	-0.04	-0.22	-0.07

Fantex 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.33 Mil.

Fantex (GREY:JEFFL) 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.

Fantex's Interest Expense for the three months ended in Sep. 2016 was $-0.07 Mil. Its Operating Income for the three months ended in Sep. 2016 was $5.86 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2016 was $0.00 Mil.

Fantex's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2016 )	/	Interest Expense (Q: Sep. 2016 )
	=	-1	*	5.859	/	-0.071
	=	82.52

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

Fantex (Fantex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fantex Inc (GREY:JEFFL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

330 Townsend Street, Suite 234, San Francisco, CA, USA, 94107

Website

http://www.fantexinc.com

Fantex Inc is a marketing services provider in the United States. Its range of operations covers brand acquisition, marketing and brand development in the interest of professional athletes, entertainers, and other high-profile individuals. Fantex's strategy revolves around 3 pillars; Evaluation, Acquisition, and Enhancement. Evaluation is the analysis done before the company enters a brand agreement. Acquisition relates to the initial steps of acquiring a brand such as negotiation of brand price etc and Enhancing Brand Value is where the company builds a portfolio of brands and enhances them with the help of technology and data applications.

Fantex (Fantex) Headlines

No Headlines