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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sothebys's interest expense for the three months ended in Jun. 2019 was $ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was $-49 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. Sothebys's Operating Income for the three months ended in Jun. 2019 was $ 109 Mil. Sothebys's Interest Expense for the three months ended in Jun. 2019 was $ -14 Mil. Sothebys's Interest Coverage for the quarter that ended in Jun. 2019 was 8.03. 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.
The historical data trend for Sothebys'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.
Sothebys Annual Data | |||||||||||||||||||||
Trend | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | |||||||||||
Interest Expense | Get a 7-Day Free Trial | -32.95 | -32.75 | -30.31 | -32.22 | -39.98 |
Sothebys Quarterly Data | ||||||||||||||||||||
Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | |
Interest Expense | Get a 7-Day Free Trial | -8.89 | -10.08 | -11.69 | -13.15 | -13.60 |
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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-49 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.
Sothebys (NYSE:BID) 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.
Sothebys's Interest Expense for the three months ended in Jun. 2019 was $-14 Mil. Its Operating Income for the three months ended in Jun. 2019 was $109 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was $1,022 Mil.
Sothebys's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as
Interest Coverage | = | -1 | * | Operating Income (Q: Jun. 2019 ) | / | Interest Expense (Q: Jun. 2019 ) |
= | -1 | * | 109.307 | / | -13.604 | |
= | 8.03 |
* 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.
Jessica M Bibliowicz | director | NATIONAL FINANCIAL PARTNERS CORP., 340 MADISON AVENUE, 20TH FL, NEW YORK NY 10173 |
Dennis M Weibling | director | 2300 CARILLON POINT, KIRKLAND WA 98033 |
Jill Bright | officer: EVP of HR and Administration | 1334 YORK AVENUE, NEW YORK NY 10021 |
Michael F Goss | officer: EVP, Chief Financial Officer | BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116 |
Michael J Wolf | director | 401 CITY AVENUE, SUITE 809, BALA CYNWYD PA 19004 |
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Diana L Taylor | director | ALLINAZ GLOBAL INVESTORS, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10106 |
Daniel S Loeb | director, 10 percent owner, other: See Remarks | THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022 |
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Kevin M Delaney | officer: SVP, Corp. Controller & CAO | IMAX CORPORATION, 902 BROADWAY, 20TH FLOOR, NEW YORK NY 10010-6002 |
Lisa Nadler | officer: EVP, WW Chief HR Officer | 1334 YORK AVE, NEW YORK NY 10021 |
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