Asia Carbon Industries (Asia Carbon Industries) Interest Expense : $-0.17 Mil (TTM As of Jun. 2013)

View and export this data going back to 2010. Start your Free Trial

What is Asia Carbon Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Carbon Industries's interest expense for the three months ended in Jun. 2013 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2013 was $-0.17 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. Asia Carbon Industries's Operating Income for the three months ended in Jun. 2013 was $ 0.92 Mil. Asia Carbon Industries's Interest Expense for the three months ended in Jun. 2013 was $ -0.04 Mil. Asia Carbon Industries's Interest Coverage for the quarter that ended in Jun. 2013 was 26.23. 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.

Asia Carbon Industries Interest Expense Historical Data

The historical data trend for Asia Carbon Industries'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.

Asia Carbon Industries Interest Expense Chart

Asia Carbon Industries Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Interest Expense

-0.15

-0.14

-0.16

-0.20

Asia Carbon Industries Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Interest Expense	Get a 7-Day Free Trial											-0.05	-0.05	-0.05	-0.03	-0.04

Asia Carbon Industries 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.17 Mil.

Asia Carbon Industries (OTCPK:ACRB) 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.

Asia Carbon Industries's Interest Expense for the three months ended in Jun. 2013 was $-0.04 Mil. Its Operating Income for the three months ended in Jun. 2013 was $0.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2013 was $0.00 Mil.

Asia Carbon Industries's Interest Coverage for the quarter that ended in Jun. 2013 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2013 )	/	Interest Expense (Q: Jun. 2013 )
	=	-1	*	0.918	/	-0.035
	=	26.23

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

Asia Carbon Industries (Asia Carbon Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asia Carbon Industries Inc (OTCPK:ACRB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xi Gu Nan Street, Qing Xu County Taiyuan, Shanxi Province, Taiyuan City, CHN, 030407

Website

http://www.asiacarbonindustries.com

Asia Carbon Industries Inc is a United States based company, through its subsidiary, manufactures carbon black products under the Great Double Star brand and other by-products. The company manufactures one soft and two hard carbon black products, called N660, N330, and N220, respectively.

Asia Carbon Industries (Asia Carbon Industries) Headlines

No Headlines