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Energy Developments (ASX:ENE) Interest Expense : A$-45.0 Mil (TTM As of Jun. 2015)


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What is Energy Developments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Energy Developments's interest expense for the six months ended in Jun. 2015 was A$ -20.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was A$-45.0 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. Energy Developments's Operating Income for the six months ended in Jun. 2015 was A$ 72.3 Mil. Energy Developments's Interest Expense for the six months ended in Jun. 2015 was A$ -20.9 Mil. Energy Developments's Interest Coverage for the quarter that ended in Jun. 2015 was 3.47. 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.


Energy Developments Interest Expense Historical Data

The historical data trend for Energy Developments'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.

Energy Developments Interest Expense Chart

Energy Developments Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -53.24 -41.41 -43.05 -41.16 -45.00

Energy Developments Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 -20.71 -22.22 -18.95 -24.13 -20.87

Energy Developments 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-45.0 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.


Energy Developments  (ASX:ENE) 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.

Energy Developments's Interest Expense for the six months ended in Jun. 2015 was A$-20.9 Mil. Its Operating Income for the six months ended in Jun. 2015 was A$72.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2015 was A$502.6 Mil.

Energy Developments's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2015 )/Interest Expense (Q: Jun. 2015 )
=-1*72.344/-20.873
=3.47

* 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.


Energy Developments (ASX:ENE) Business Description

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Energy Developments Limited is an provider of low emissions, renewable and remote energy. It is involved in project development, finance, design, operation and maintenance of international power generating and energy delivery projects.

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