Triad Guaranty (Triad Guaranty) Interest Expense : $-20.1 Mil (TTM As of Sep. 2012)

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What is Triad Guaranty Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Triad Guaranty's interest expense for the three months ended in Sep. 2012 was $ -5.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2012 was $-20.1 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. Triad Guaranty's Operating Income for the three months ended in Sep. 2012 was $ -28.2 Mil. Triad Guaranty's Interest Expense for the three months ended in Sep. 2012 was $ -5.1 Mil. Triad Guaranty did not have earnings to cover the interest expense. 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.

Triad Guaranty Interest Expense Historical Data

The historical data trend for Triad Guaranty'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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Triad Guaranty Interest Expense Chart

Triad Guaranty Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Interest Expense

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-4.38

-3.56

-6.03

-11.76

-18.24

Triad Guaranty Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Interest Expense	Get a 7-Day Free Trial															-4.81	-4.98	-4.98	-4.94	-5.15

Triad Guaranty 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.1 Mil.

Triad Guaranty (OTCPK:TGIC) 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.

Triad Guaranty's Interest Expense for the three months ended in Sep. 2012 was $-5.1 Mil. Its EBIT for the three months ended in Sep. 2012 was $-28.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2012 was $0.0 Mil.

Triad Guaranty's Interest Coverage for the quarter that ended in Sep. 2012 is calculated as

Triad Guaranty did not have earnings to cover the interest expense.

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

Triad Guaranty (Triad Guaranty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Triad Guaranty Inc (OTCPK:TGIC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 South Stratford Road, Winston-Salem, NC, USA, 27104

Website

http://www.triadguaranty.com

Triad Guaranty Inc is a holding company which, through its wholly-owned subsidiary, Triad Guaranty Insurance Corporation ('TGIC'), is a nationwide mortgage insurer pursuing a run-off of its existing in-force book of business.

Executives

Durham Harold Lee Jr	director	4300 SIX FORKS ROAD, RALEIGH NC 27609
Williamson Henry G Jr	director	HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112

Triad Guaranty (Triad Guaranty) Headlines

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