Forge Group (ASX:FGE) Interest Expense : A$-5 Mil (TTM As of Jun. 2013)

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What is Forge Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forge Group's interest expense for the six months ended in Jun. 2013 was A$ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2013 was A$-5 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. Forge Group's Operating Income for the six months ended in Jun. 2013 was A$ 87 Mil. Forge Group's Interest Expense for the six months ended in Jun. 2013 was A$ -5 Mil. Forge Group's Interest Coverage for the quarter that ended in Jun. 2013 was 18.01. 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.

Forge Group Interest Expense Historical Data

The historical data trend for Forge Group'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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Forge Group Interest Expense Chart

Forge Group Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Interest Expense

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-1.02

-0.72

-0.71

-2.85

-4.82

Forge Group Semi-Annual Data
	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Interest Expense	Get a 7-Day Free Trial			-1.02	-0.72	-0.71	-2.85	-4.82

Forge Group Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2013 was A$-5 Mil.

Forge Group (ASX:FGE) 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.

Forge Group's Interest Expense for the six months ended in Jun. 2013 was A$-5 Mil. Its Operating Income for the six months ended in Jun. 2013 was A$87 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2013 was A$15 Mil.

Forge Group'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	*	86.745	/	-4.816
	=	18.01

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

Forge Group (ASX:FGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Forge Group Ltd (ASX:FGE) » Definitions » Interest Expense

Comparable Companies

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Address

Website

http://www.forgegroup.com.au

Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

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