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Omega Protein (Omega Protein) Interest Expense : $-0.2 Mil (TTM As of Sep. 2017)


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What is Omega Protein Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Omega Protein's interest expense for the three months ended in Sep. 2017 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2017 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. Omega Protein's Operating Income for the three months ended in Sep. 2017 was $ 0.7 Mil. Omega Protein's Interest Expense for the three months ended in Sep. 2017 was $ -0.0 Mil. Omega Protein's Interest Coverage for the quarter that ended in Sep. 2017 was 14.10. 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.


Omega Protein Interest Expense Historical Data

The historical data trend for Omega Protein'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.

Omega Protein Interest Expense Chart

Omega Protein 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 -1.34 -1.64 -1.33 -1.50 -0.41

Omega Protein 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 -0.11 -0.03 -0.08 -0.07 -0.05

Omega Protein 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 $-0.2 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.


Omega Protein  (NYSE:OME) 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.

Omega Protein's Interest Expense for the three months ended in Sep. 2017 was $-0.0 Mil. Its Operating Income for the three months ended in Sep. 2017 was $0.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2017 was $0.0 Mil.

Omega Protein's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2017 )/Interest Expense (Q: Sep. 2017 )
=-1*0.691/-0.049
=14.10

* 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.


Omega Protein (Omega Protein) Business Description

Traded in Other Exchanges
N/A
Address
Omega Protein Corp is a nutritional ingredient company. It develops, produces and delivers healthy products throughout the world to improve nutritional integrity of foods, dietary supplements and animal feeds.
Executives
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
David H Clarke director 777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Mark A Livingston officer: VP & Chief Accounting Officer 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Andrew Johannesen officer: Executive VP and CFO 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Nicodemus Harry O Iv director 5051 WESTHEIMER, SUITE 725, HOUSTON TX 77056
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Harbinger Group Inc. 10 percent owner 3001 DEMING WAY, MIDDLETON WI 53562
Leonard Disalvo director 100 MERIDIAN CENTRE, SUITE 350, ROCHESTER NY 14614

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