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Tribune Media Co (Tribune Media Co) Interest Expense : $-174 Mil (TTM As of Jun. 2019)


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What is Tribune Media Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tribune Media Co's interest expense for the three months ended in Jun. 2019 was $ -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was $-174 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. Tribune Media Co's Operating Income for the three months ended in Jun. 2019 was $ 78 Mil. Tribune Media Co's Interest Expense for the three months ended in Jun. 2019 was $ -44 Mil. Tribune Media Co's Interest Coverage for the quarter that ended in Jun. 2019 was 1.78. 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.


Tribune Media Co Interest Expense Historical Data

The historical data trend for Tribune Media Co'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.

* Premium members only.

Tribune Media Co Interest Expense Chart

Tribune Media Co Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -141.63 -148.59 -152.72 -159.39 -169.03

Tribune Media Co 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 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 -41.99 -42.84 -43.57 -43.62 -43.78

Tribune Media 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-174 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.


Tribune Media Co  (NYSE:TRCO) 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.

Tribune Media Co's Interest Expense for the three months ended in Jun. 2019 was $-44 Mil. Its Operating Income for the three months ended in Jun. 2019 was $78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was $3,122 Mil.

Tribune Media Co'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*77.805/-43.777
=1.78

* 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.


Tribune Media Co (Tribune Media Co) Business Description

Traded in Other Exchanges
N/A
Address
515 North State Street, Chicago, IL, USA, 60654
Tribune is one of the country's largest media companies. It reaches more than 80% of U.S. households and is the only media organization with newspapers, TV stations, and Web sites in the nation's top three markets. Tribune's newspapers include the Los Angeles Times, Chicago Tribune, and Newsday. Its broadcasting group operates more than 20 television stations, superstation WGN on national cable, an AM radio station, and the Chicago Cubs baseball team.
Executives
Peter M Kern director, officer: CEO C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Ross Levinsohn director 701 FIRST AVENUE, SUNNYVALE CA 94089
Peter E Murphy director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Craig A Jacobson director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Edward P Lazarus officer: EVP, General Counsel & CSO C/O TRIBUNE COMPANY, 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Oaktree Capital Group Holdings Gp, Llc other: Former director and 10% owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings, L.p. other: Former director and 10% owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Tribune, L.p. other: Former director and 10% owner C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 S. GRAND AVENUE, 28TH FLOOR LOS ANGELES CA 90071
Oaktree Aif Investments, L.p. other: Former director and 10% owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc other: Former director and 10% owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Peter Liguori director, officer: President and CEO 1 DISCOVERY PLACE, SILVER SPRING MD 20910
Melanie Hughes officer: EVP, Human Resources 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Steven Berns officer: EVP & CFO TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Kenneth Liang director C/O 77 BEALE ST., SAN FRANCISCO CA 94177
Bruce A Karsh director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071

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