iiNET (ASX:IIN) Interest Expense : A$-20 Mil (TTM As of Jun. 2015)

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What is iiNET Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. iiNET's interest expense for the six months ended in Jun. 2015 was A$ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was A$-20 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. iiNET's Operating Income for the six months ended in Jun. 2015 was A$ 64 Mil. iiNET's Interest Expense for the six months ended in Jun. 2015 was A$ -10 Mil. iiNET's Interest Coverage for the quarter that ended in Jun. 2015 was 6.36. 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.

iiNET Interest Expense Historical Data

The historical data trend for iiNET'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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iiNET Interest Expense Chart

iiNET Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Interest Expense

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-8.48

-17.56

-22.73

-21.30

-19.62

iiNET 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															-10.89	-11.36	-9.94	-9.63	-9.99

iiNET 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$-20 Mil.

iiNET (ASX:IIN) 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.

iiNET's Interest Expense for the six months ended in Jun. 2015 was A$-10 Mil. Its Operating Income for the six months ended in Jun. 2015 was A$64 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2015 was A$354 Mil.

iiNET'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	*	63.563	/	-9.993
	=	6.36

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

iiNET (ASX:IIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » iiNET Ltd (ASX:IIN) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Website

http://www.iinet.net.au

iiNET Limited (IIN) was established in 1993 to deliver Internet access services to Western Australia. iiNet has 700,000 customers across Australia, NZ and Capetown. Internet and communication services offered include dialup, broadband and phone.