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NewStar Financial (NewStar Financial) Interest Expense : $-169.7 Mil (TTM As of Sep. 2017)


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What is NewStar Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NewStar Financial's interest expense for the three months ended in Sep. 2017 was $ -43.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2017 was $-169.7 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. NewStar Financial's Operating Income for the three months ended in Sep. 2017 was $ Mil. NewStar Financial's Interest Expense for the three months ended in Sep. 2017 was $ Mil. 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.


NewStar Financial Interest Expense Historical Data

The historical data trend for NewStar Financial'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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NewStar Financial Interest Expense Chart

NewStar Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.59 -46.20 -61.93 -120.99 -161.35

NewStar Financial Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -39.90 -43.53 -41.09 -41.91 -43.15

NewStar Financial 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-169.7 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.


NewStar Financial (NewStar Financial) Business Description

Traded in Other Exchanges
N/A
Address
NewStar Financial Inc is a finance company which develops specialized platforms for complex financing needs of companies and private investors for the middle market. The company and its subsidiary provides asset management services to institutional customers and also manages private credit funds, sponsored funds, series of funds structured as CLOs and managed accounts. Through specialized lending platforms the company provides senior secured debt financing options to mid-sized companies to fund working capital growth strategies, acquisitions, recapitalizations, purchases of equipment and other capital assets. The company derives its revenues from leveraged finance, business credit, real estate, equipment finance and asset management segments.
Executives
Richard E Thornburgh director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
Frank R Noonan director
Bradley E Cooper director UNIVERSAL AMERICAN FINANCIAL CORP, 6 INTERNATIONAL DR STE 190, RYE BROOK NY 10573
Capital Z Financial Services Fund Ii Lp 10 percent owner
Capital Z Partners Ltd 10 percent owner
Capital Z Partners Lp 10 percent owner
Corsair Capital Llc 10 percent owner 717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Second Curve Capital Llc 10 percent owner 150 N RADNOR CHESTER ROAD, SUITE F120, RADNOR PA 19087
Thomas K Brown 10 percent owner C/O SECOND CURVE CAPITAL, LLC, 237 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Mark K Gormley director 1067 FIFTH AVENUE, #6, NEW YORK NY 10128
Burnaman Phillip R Ii officer: M.Dir & Head Structured Prods
Joseph W Saunders director C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999

NewStar Financial (NewStar Financial) Headlines

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