Fiat Industrial SpA (MIL:FI) Interest Expense : €-470 Mil (TTM As of Jun. 2013)

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

What is Fiat Industrial SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fiat Industrial SpA's interest expense for the three months ended in Jun. 2013 was € -117 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2013 was €-470 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. Fiat Industrial SpA's Operating Income for the three months ended in Jun. 2013 was € 613 Mil. Fiat Industrial SpA's Interest Expense for the three months ended in Jun. 2013 was € -117 Mil. Fiat Industrial SpA's Interest Coverage for the quarter that ended in Jun. 2013 was 5.24. 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.

Fiat Industrial SpA Interest Expense Historical Data

The historical data trend for Fiat Industrial SpA'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.

Fiat Industrial SpA Interest Expense Chart

Fiat Industrial SpA Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Interest Expense

Get a 7-Day Free Trial

-947.00

-753.00

-400.00

-546.00

-458.00

Fiat Industrial SpA Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Interest Expense	Get a 7-Day Free Trial										-103.00	-110.00	-130.00	-113.00	-117.00

Fiat Industrial SpA 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-470 Mil.

Fiat Industrial SpA (MIL:FI) 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.

Fiat Industrial SpA's Interest Expense for the three months ended in Jun. 2013 was €-117 Mil. Its Operating Income for the three months ended in Jun. 2013 was €613 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2013 was €11,569 Mil.

Fiat Industrial SpA's Interest Coverage for the quarter that ended in Jun. 2013 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2013 )	/	Interest Expense (Q: Jun. 2013 )
	=	-1	*	613	/	-117
	=	5.24

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

Fiat Industrial SpA (MIL:FI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Fiat Industrial SpA (MIL:FI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.fiatindustrial.com

Fiat Industrial SpA operates in the capital goods sector. Each of the Group's businesses is a major international player in its respective industry sector: Iveco, CNH-Case New Holland and FPT Industrial. These three sectors design, produce and sell trucks, commercial vehicles, buses, special vehicles (Iveco), tractors, and agricultural and construction equipment (CNH), in addition to engines and transmissions for those vehicles and engines for marine applications (FPT Industrial). Agricultural equipment is sold under the New Holland Agriculture and Case IH and, in the premium segment in Europe, Steyr brands. Construction equipment is sold under the New Holland Construction and Case Construction brands, as well as the Kobelco brand in North America. Iveco designs, manufactures and sells a wide range of light (2.8-6 tons GVW), medium (6-16 tons GVW) and heavy (above 16 tons GVW) commercial vehicles for on-road and off-road use. In addition to its main product offer, the Company also offers after-sales and financing services, in addition to services related to used-vehicles. FPT Industrial is specialized in the design, production and sale of propulsion and transmission systems for on- and off-road trucks and commercial vehicles, as well as engines for marine application and power generation.