AVGPF (Avesco Group) Interest Expense : $-2.00 Mil (TTM As of Mar. 2016)

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What is Avesco Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avesco Group's interest expense for the six months ended in Mar. 2016 was $ -0.99 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2016 was $-2.00 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. Avesco Group's Operating Income for the six months ended in Mar. 2016 was $ 21.75 Mil. Avesco Group's Interest Expense for the six months ended in Mar. 2016 was $ -0.99 Mil. Avesco Group's Interest Coverage for the quarter that ended in Mar. 2016 was 21.99. 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.

Avesco Group Interest Expense Historical Data

The historical data trend for Avesco 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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Avesco Group Interest Expense Chart

Avesco Group Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Interest Expense

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-1.28

-2.30

-2.13

-1.71

-2.34

Avesco Group Semi-Annual Data
	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16
Interest Expense	Get a 7-Day Free Trial															-1.04	-0.70	-1.29	-1.01	-0.99

Avesco Group 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 Mar. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.00 Mil.

Avesco Group (OTCPK:AVGPF) 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.

Avesco Group's Interest Expense for the six months ended in Mar. 2016 was $-0.99 Mil. Its Operating Income for the six months ended in Mar. 2016 was $21.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2016 was $23.98 Mil.

Avesco Group's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2016 )	/	Interest Expense (Q: Mar. 2016 )
	=	-1	*	21.746	/	-0.989
	=	21.99

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

Avesco Group Business Description

Industry

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Address

Website

http://www.avesco.com

Avesco Group PLC was incorporated on February 2, 1984. The Company provides services to the corporate presentation, entertainment and broadcast markets. Its operating business segments are Creative Technology, Full Service and Broadcast Services. The creative technology provides specialist AV services and equipment to the live events, broadcast and entertainment markets. The full service segment provides full technical support for conferences, sports, music, corporate and television programs. The broadcast services segment provides broadcast equipment, systems and services to the broadcast industry. The Company has operations in the United Kingdom, Mainland Europe, United States of America, and other part of the World.

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