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Berkshire Homes (Berkshire Homes) Interest Expense : $-0.48 Mil (TTM As of Aug. 2015)


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What is Berkshire Homes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Berkshire Homes's interest expense for the three months ended in Aug. 2015 was $ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2015 was $-0.48 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. Berkshire Homes's Operating Income for the three months ended in Aug. 2015 was $ -0.00 Mil. Berkshire Homes's Interest Expense for the three months ended in Aug. 2015 was $ -0.13 Mil. Berkshire Homes 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.


Berkshire Homes Interest Expense Historical Data

The historical data trend for Berkshire Homes'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.

Berkshire Homes Interest Expense Chart

Berkshire Homes Annual Data
Trend Nov11 Nov12 Nov13 Nov14
Interest Expense
- -0.04 -0.11 -0.32

Berkshire Homes Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 -0.10 -0.12 -0.12 -0.12 -0.13

Berkshire Homes 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 Aug. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.48 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.


Berkshire Homes  (OTCPK:BKSH) 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.

Berkshire Homes's Interest Expense for the three months ended in Aug. 2015 was $-0.13 Mil. Its Operating Income for the three months ended in Aug. 2015 was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2015 was $9.36 Mil.

Berkshire Homes's Interest Coverage for the quarter that ended in Aug. 2015 is calculated as

Berkshire Homes 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.


Berkshire Homes (Berkshire Homes) Business Description

Traded in Other Exchanges
N/A
Address
2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016
Berkshire Homes Inc is a United States based company engaged in acquiring and rehabilitating distressed residential real estate properties that are below market value, rehabilitates them, and then sell or lease them, depending on which approach will generate the highest return.

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