Staples (Staples) Interest Expense : $-41 Mil (TTM As of Jul. 2017)

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What is Staples Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Staples's interest expense for the three months ended in Jul. 2017 was $ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2017 was $-41 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. Staples's Operating Income for the three months ended in Jul. 2017 was $ 106 Mil. Staples's Interest Expense for the three months ended in Jul. 2017 was $ -10 Mil. Staples's Interest Coverage for the quarter that ended in Jul. 2017 was 10.60. 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.

Staples Interest Expense Historical Data

The historical data trend for Staples'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.

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Staples Interest Expense Chart

Staples Annual Data

Trend

Jan08

Jan09

Jan10

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Jan12

Jan13

Jan14

Jan15

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Jan17

Interest Expense

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-162.48

-119.00

-48.00

-139.00

-81.00

Staples Quarterly Data
	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17
Interest Expense	Get a 7-Day Free Trial															-18.00	-11.00	-10.00	-10.00	-10.00

Staples 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 Jul. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-41 Mil.

Staples (NAS:SPLS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Staples's Interest Expense for the three months ended in Jul. 2017 was $-10 Mil. Its Operating Income for the three months ended in Jul. 2017 was $106 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2017 was $524 Mil.

Staples's Interest Coverage for the quarter that ended in Jul. 2017 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jul. 2017 )	/	Interest Expense (Q: Jul. 2017 )
	=	-1	*	106	/	-10
	=	10.60

The higher the ratio, the stronger the company's financial strength is.

Staples (Staples) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Staples Inc (NAS:SPLS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.staples.com

Staples is an American retailer with online and delivery capabilities. Staples offers products in categories: technology, facilities and breakroom, furniture, safety, medical, copy and print, and Staples EasyTech services. Staples operates throughout North and South America, Europe, Asia, Australia, and New Zealand. The company divides its business into three segments: North American stores and online, North American commercial, and international operations. The product offering includes Staples, Quill, and other proprietary branded products. Staples' product price points are generally low.

Executives

Shira Goodman	director, officer: CEO	C/O CARMAX, 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
John F Lundgren	director	1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Deborah A Henretta	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Robert E Sulentic	director	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Kunal Kamlani	director	3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Christine T Komola	officer: Chief Financial Officer	500 STAPLES DRIVE, FRAMINGHAM MA 01702
Drew G Faust	director	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Curtis F Feeny	director	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Joseph Doody	officer: Vice Chairman	CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Carol Meyrowitz	director	TJX COMPANIES INC, 770 COCHITUATE RD, FRAMINGHAM MA 01701
Ronald Sargent	director, officer: Chairman and CEO	1014 VINE STREET, CINCINNATI OH 45202
Demos Parneros	officer: President, NA Stores & Online	483 BAY ST, 7TH FL NORTH TOWER, TORONTOON A1 999999999
Rowland Moriarty	director	200 CLARENDON ST T33, BOSTON MA 02116
Raul Vazquez	director	500 STAPLES DR., FRAMINGHAM MA 01702
Basil Anderson	director