British Polythene Industries (LSE:BPI) Interest Expense : £-1.2 Mil (TTM As of Dec. 2015)

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What is British Polythene Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. British Polythene Industries's interest expense for the six months ended in Dec. 2015 was £ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2015 was £-1.2 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. British Polythene Industries's Operating Income for the six months ended in Dec. 2015 was £ 9.5 Mil. British Polythene Industries's Interest Expense for the six months ended in Dec. 2015 was £ -0.6 Mil. British Polythene Industries's Interest Coverage for the quarter that ended in Dec. 2015 was 15.83. 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.

British Polythene Industries Interest Expense Historical Data

The historical data trend for British Polythene Industries'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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British Polythene Industries Interest Expense Chart

British Polythene Industries Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Interest Expense

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-2.50

-14.00

-1.90

-1.60

-1.20

British Polythene Industries Semi-Annual Data
	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Interest Expense	Get a 7-Day Free Trial															-0.90	-1.00	-0.60	-0.60	-0.60

British Polythene Industries 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.2 Mil.

British Polythene Industries (LSE:BPI) 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.

British Polythene Industries's Interest Expense for the six months ended in Dec. 2015 was £-0.6 Mil. Its Operating Income for the six months ended in Dec. 2015 was £9.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2015 was £32.6 Mil.

British Polythene Industries's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2015 )	/	Interest Expense (Q: Dec. 2015 )
	=	-1	*	9.5	/	-0.6
	=	15.83

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

British Polythene Industries (LSE:BPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » British Polythene Industries PLC (LSE:BPI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.bpipoly.com

British Polythene Industries PLC was incorporated on March 16, 1910. It manufactures and supplies polythene films and related products for packaging for the protection of food and other goods. Its products are in use across different market sectors with a focus on agriculture, retail food chain, healthcare and waste services. The Company also engages in recycling of waste polythene film in Europe. The Company has three reportable segments: UK and Ireland, Mainland Europe and North America. UK & Ireland includes all of the UK manufacturing and merchanting activities along with the Irish sales operation which distributes predominately UK manufactured products.It also includes the manufacturing operations in China. Mainland Europe comprises the manufacturing and merchanting activities located in Belgium, the Netherlands and France. North America comprises the manufacturing business in Canada with sales throughout North America and Canada.

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