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Royce Micro-Cap Trust Inc  (NYSE:RMT) Interest Expense: $ Mil (TTM As of Dec. 2017)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Royce Micro-Cap Trust Inc's interest expense for the six months ended in Dec. 2017 was $ -1.01 Mil. Royce Micro-Cap Trust Inc does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2017.

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. Royce Micro-Cap Trust Inc's Operating Income for the six months ended in Dec. 2017 was $ 0.00 Mil. Royce Micro-Cap Trust Inc's Interest Expense for the six months ended in Dec. 2017 was $ -1.01 Mil. Royce Micro-Cap Trust Inc did not have earnings to cover the interest expense. 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.


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.

Royce Micro-Cap Trust Inc Annual Data

Dec17
Interest Expense -1.01

Royce Micro-Cap Trust Inc Semi-Annual Data

Dec17
Interest Expense -1.01

Royce Micro-Cap Trust Inc Distribution

* The bar in red indicates where Royce Micro-Cap Trust Inc's Interest Expense falls into.



Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


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.

Royce Micro-Cap Trust Inc's Interest Expense for the six months ended in Dec. 2017 was $-1.01 Mil. Its Operating Income for the six months ended in Dec. 2017 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2017 was $45.00 Mil.

Royce Micro-Cap Trust Inc's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

* 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.


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