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EMCOR Group Interest Expense

: $-8 Mil (TTM As of Mar. 2021)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EMCOR Group's interest expense for the three months ended in Mar. 2021 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $-8 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. EMCOR Group's Operating Income for the three months ended in Mar. 2021 was $ 117 Mil. EMCOR Group's Interest Expense for the three months ended in Mar. 2021 was $ -1 Mil. EMCOR Group's Interest Coverage for the quarter that ended in Mar. 2021 was 85.84. 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.


EMCOR Group Interest Expense Historical Data

* 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.

* Premium members only.

EMCOR Group Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.63 -12.77 -13.54 -13.82 -9.01

EMCOR Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -2.49 -2.11 -1.48 -2.93 -1.36

EMCOR Group 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 Mar. 2021 was -2.11 (Jun. 2020 ) + -1.484 (Sep. 2020 ) + -2.927 (Dec. 2020 ) + -1.363 (Mar. 2021 ) = $-8 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.


EMCOR Group  (NYSE:EME) 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.

EMCOR Group's Interest Expense for the three months ended in Mar. 2021 was $-1 Mil. Its Operating Income for the three months ended in Mar. 2021 was $117 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was $462 Mil.

EMCOR Group's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2021 )/Interest Expense (Q: Mar. 2021 )
=-1*117.004/-1.363
=85.84

* 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.


EMCOR Group Interest Expense Headlines

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