Andalay Solar (Andalay Solar) Interest Expense : $-0.39 Mil (TTM As of Sep. 2015)

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What is Andalay Solar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Andalay Solar's interest expense for the three months ended in Sep. 2015 was $ -0.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-0.39 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. Andalay Solar's Operating Income for the three months ended in Sep. 2015 was $ -0.28 Mil. Andalay Solar's Interest Expense for the three months ended in Sep. 2015 was $ -0.17 Mil. Andalay Solar 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.

Andalay Solar Interest Expense Historical Data

The historical data trend for Andalay Solar'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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Andalay Solar Interest Expense Chart

Andalay Solar Annual Data

Trend

Oct05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Expense

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-0.01

-0.02

-0.10

-0.07

-0.36

Andalay Solar Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.07	-0.06	-0.09	-0.17

Andalay Solar 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 Mil.

Andalay Solar (GREY:WEST) 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.

Andalay Solar's Interest Expense for the three months ended in Sep. 2015 was $-0.17 Mil. Its Operating Income for the three months ended in Sep. 2015 was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was $0.00 Mil.

Andalay Solar's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Andalay Solar did not have earnings to cover the interest expense.

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

Andalay Solar (Andalay Solar) Business Description

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Website

http://www.andalaysolar.com

Andalay Solar Inc designs and manufactures solar power systems and solar panels with integrated micro-inverters. Its product offering includes sold to solar installers, trade workers, and do-it-yourself customers. The company operates in two segments which include Selling AC solar panels to solar installers, trade workers and do-it-yourself customers and its markets, sells, designs and installs systems for residential and commercial customers.