USD -17 Mil as of today(2019-11-12). MSM Interest Expense explanation, calculation, historical data and more" />MSM Interest Expense | MSC Industrial Direct Co - GuruFocus.com
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MSC Industrial Direct Co Interest Expense

: USD -17 Mil (TTM As of Aug. 2019)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MSC Industrial Direct Co's interest expense for the three months ended in Aug. 2019 was USD -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2019 was USD -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. MSC Industrial Direct Co's Operating Income for the three months ended in Aug. 2019 was USD 91 Mil. MSC Industrial Direct Co's Interest Expense for the three months ended in Aug. 2019 was USD -4 Mil. MSC Industrial Direct Co's Interest Coverage for the quarter that ended in Aug. 2019 was 24.27. 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.


MSC Industrial Direct Co 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.

MSC Industrial Direct Co Annual Data
Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.34 -5.81 -12.37 -14.46 -16.89

MSC Industrial Direct Co Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
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 -4.14 -4.06 -4.54 -4.57 -3.73

MSC Industrial Direct Co 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 Aug. 2019 was -4.056 (Nov. 2018 ) + -4.539 (Feb. 2019 ) + -4.565 (May. 2019 ) + -3.73 (Aug. 2019 ) = USD -17 Mil.

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


MSC Industrial Direct Co  (NYSE:MSM) 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.

MSC Industrial Direct Co's Interest Expense for the three months ended in Aug. 2019 was USD -4 Mil. Its Operating Income for the three months ended in Aug. 2019 was USD 91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2019 was USD 266 Mil.

MSC Industrial Direct Co's Interest Coverage for the quarter that ended in Aug. 2019 is calculated as

Interest Coverage=-1*Operating Income (Q: Aug. 2019 )/Interest Expense (Q: Aug. 2019 )
=-1*90.514/-3.73
=24.27

* 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.


MSC Industrial Direct Co Interest Expense Headlines

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