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Signature Eyewear (Signature Eyewear) Interest Expense : $-0.14 Mil (TTM As of Apr. 2011)


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What is Signature Eyewear Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Signature Eyewear's interest expense for the three months ended in Apr. 2011 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2011 was $-0.14 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. Signature Eyewear's Operating Income for the three months ended in Apr. 2011 was $ 0.04 Mil. Signature Eyewear's Interest Expense for the three months ended in Apr. 2011 was $ -0.03 Mil. Signature Eyewear's Interest Coverage for the quarter that ended in Apr. 2011 was 1.33. 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.


Signature Eyewear Interest Expense Historical Data

The historical data trend for Signature Eyewear'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.

Signature Eyewear Interest Expense Chart

Signature Eyewear Annual Data
Trend Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.20 -0.16

Signature Eyewear Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11
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 -0.04 -0.04 -0.03 -0.03 -0.03

Signature Eyewear 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 Apr. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.14 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.


Signature Eyewear  (OTCPK:SEYE) 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.

Signature Eyewear's Interest Expense for the three months ended in Apr. 2011 was $-0.03 Mil. Its Operating Income for the three months ended in Apr. 2011 was $0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2011 was $3.93 Mil.

Signature Eyewear's Interest Coverage for the quarter that ended in Apr. 2011 is calculated as

Interest Coverage=-1* Operating Income (Q: Apr. 2011 )/Interest Expense (Q: Apr. 2011 )
=-1*0.044/-0.033
=1.33

* 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.


Signature Eyewear (Signature Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
317 Isis Avenue 207, Inglewood, CA, USA, 90301
Signature Eyewear Inc designs, markets and distributes prescription eyeglass frames and sunwear under brand name licenses. Through its partnerships with Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars, and Rough Justice, and the company brings quality products and distinct designs to the optical marketplace.

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