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Axion Power International (Axion Power International) Interest Expense : $-4.09 Mil (TTM As of Dec. 2016)


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What is Axion Power International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Axion Power International's interest expense for the three months ended in Dec. 2016 was $ -1.72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-4.09 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. Axion Power International's Operating Income for the three months ended in Dec. 2016 was $ -1.18 Mil. Axion Power International's Interest Expense for the three months ended in Dec. 2016 was $ -1.72 Mil. Axion Power International did not have earnings to cover the interest expense. 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.


Axion Power International Interest Expense Historical Data

The historical data trend for Axion Power International'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.

Axion Power International Interest Expense Chart

Axion Power International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -5.71 -1.86 -1.16 -4.09

Axion Power International Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -0.88 -1.16 -0.50 -0.72 -1.72

Axion Power International 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.09 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.


Axion Power International  (OTCPK:AXPWQ) 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.

Axion Power International's Interest Expense for the three months ended in Dec. 2016 was $-1.72 Mil. Its Operating Income for the three months ended in Dec. 2016 was $-1.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2016 was $0.00 Mil.

Axion Power International's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Axion Power International did not have earnings to cover the interest expense.

* 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.


Axion Power International (Axion Power International) Business Description

Traded in Other Exchanges
N/A
Address
3601 Clover Lane, New Castle, PA, USA, 16105
Axion Power International Inc is an innovative energy solutions company that pioneered the development of carbon/ lead batteries. It develops, designs, manufactures and sells energy storage components and devices based on its patented PbC technology. Further, it sells batteries, energy storage systems, and engineering services as part of product offerings, and it assists battery end users to adapt batteries to applications where a wide voltage window, fast recharge and long life benefits are required. The business activities of the group are geographically functioned through the region of United States.
Executives
David Gelbaum 10 percent owner 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum 10 percent owner 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust 10 percent owner 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Stanley A Hirschman director
David Anthony director 200 LUDLOW DRIVE, EWING NJ 08638

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