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Accenture PLC  (NYSE:ACN) Interest Expense: $-17 Mil (TTM As of Nov. 2017)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Accenture PLC's interest expense for the three months ended in Nov. 2017 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2017 was $-17 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. Accenture PLC's Operating Income for the three months ended in Nov. 2017 was $ 1,486 Mil. Accenture PLC's Interest Expense for the three months ended in Nov. 2017 was $ -5 Mil. Accenture PLC's Interest Coverage for the quarter that ended in Nov. 2017 was 315.67. 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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Accenture PLC Annual Data

Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.04 -17.62 -14.58 -16.26 -15.55

Accenture PLC Quarterly Data

Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only -3.05 -3.98 -3.61 -4.91 -4.71

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 Nov. 2017 was -3.976 (Feb. 2017 ) + -3.613 (May. 2017 ) + -4.908 (Aug. 2017 ) + -4.707 (Nov. 2017 ) = $-17 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.

Accenture PLC's Interest Expense for the three months ended in Nov. 2017 was $-5 Mil. Its Operating Income for the three months ended in Nov. 2017 was $1,486 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2017 was $22 Mil.

Accenture PLC's Interest Coverage for the quarter that ended in Nov. 2017 is calculated as

Interest Coverage=-1*Operating Income (Q: Nov. 2017 )/Interest Expense (Q: Nov. 2017 )
=-1*1485.88/-4.707
=315.67

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Accenture PLC has enough cash to cover all of its debt. Its financial situation is stable.

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