Anite (LSE:AIE) Interest Expense : £-0.2 Mil (TTM As of Apr. 2015)

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What is Anite Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anite's interest expense for the six months ended in Apr. 2015 was £ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2015 was £-0.2 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. Anite's Operating Income for the six months ended in Apr. 2015 was £ 12.7 Mil. Anite's Interest Expense for the six months ended in Apr. 2015 was £ -0.1 Mil. Anite's Interest Coverage for the quarter that ended in Apr. 2015 was 184.23. 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.

Anite Interest Expense Historical Data

The historical data trend for Anite'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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Anite Interest Expense Chart

Anite Annual Data

Trend

Apr06

Apr07

Apr08

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Interest Expense

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-0.20

-0.08

-0.15

-0.39

-0.17

Anite Semi-Annual Data
	Oct05	Apr06	Oct06	Apr07	Oct07	Apr08	Oct08	Apr09	Oct09	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15
Interest Expense	Get a 7-Day Free Trial															-0.15	-0.25	-0.14	-0.10	-0.07

Anite 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.2 Mil.

Anite (LSE:AIE) 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.

Anite's Interest Expense for the six months ended in Apr. 2015 was £-0.1 Mil. Its Operating Income for the six months ended in Apr. 2015 was £12.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Apr. 2015 was £0.0 Mil.

Anite's Interest Coverage for the quarter that ended in Apr. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Apr. 2015 )	/	Interest Expense (Q: Apr. 2015 )
	=	-1	*	12.712	/	-0.069
	=	184.23

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

Anite (LSE:AIE) Business Description

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Website

http://www.anite.com

Anite PLC is a company incorporated in United Kingdom on March 7, 1984. It is a wireless testing company engaged in developing the software and hardware helping deliver the mobile technologies. The Company provides mobile device, infrastructure and network testing systems including hardware and software. The Company operates in two segments; Handset testing and Network testing. The Handset testing is a wireless test system enabling manufacturers to design efficient chipsets, mobile devices and network equipment. The Network testing technology enables mobile network operators and manufacturers to test and optimise their networks. The Company's Handset testing products include; Development Testing, Conformance Testing, Interoperability Testing, Propsim OTA Testing, Propsim Virtual Drive Testing, Propsim 802.11ac/n Testing, Propsim MANET Testing, Propsim Aerospace Testing, & Triton. The Company's Network testing products include; Nemo Outdoor, Nemo Handy, Nemo Walker Air, Nemo Invex, Nemo FSR1, Nemo Autonomous, Nemo Commander, Nemo Analyze, Nemo CEM Observer, and Nemo CEM Solution. Its customers include Device manufacturers, Chipset manufacturers, Mobile network operators, Mobile network operators, and Independent test companies.

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