Celgene (BUE:CELG) Interest Expense: ARS-33,873.54 Mil (TTM As of Sep. 2019)

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What is Celgene Interest Expense?

Celgene BUE:CELG 10 Interest Expense is ARS-33,873.54 Mil as of Sep. 2019. GuruFocus rates BUE:CELG with a GF Score™ of 10/100. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Celgene's interest expense for the three months ended in Sep. 2019 was ARS -10,625.94 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was ARS-33,873.54 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. Celgene's Operating Income for the three months ended in Sep. 2019 was ARS 128,406.09 Mil. Celgene's Interest Expense for the three months ended in Sep. 2019 was ARS -10,625.94 Mil. Celgene's Interest Coverage for the quarter that ended in Sep. 2019 was 12.08. 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.


Celgene  (BUE:CELG) 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.

Celgene's Interest Expense for the three months ended in Sep. 2019 was ARS-10,625.94 Mil. Its Operating Income for the three months ended in Sep. 2019 was ARS128,406.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was ARS1,022,830.60 Mil.

Celgene's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2019 )/Interest Expense (Q: Sep. 2019 )
=-1*128406.094/-10625.94
=12.08

* 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.


Celgene Interest Expense Historical Data

* Premium members only.

The historical data trend for Celgene'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.

Celgene Interest Expense Chart

Celgene Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,505.83 -4,025.27 -7,926.25 -9,967.59 -27,939.41

Celgene Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -7,102.21 -7,163.95 -7,505.28 -8,578.37 -10,625.94

Celgene 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS-33,873.54 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ARS-33,873.54 Mil mean?
Celgene (BUE:CELG) has a Interest Expense of ARS-33,873.54 Mil as of Sep. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Celgene and its competitors.
Is Celgene's Interest Expense too high?
Celgene's current Interest Expense is ARS-33,873.54 Mil. Overall, Celgene has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Celgene's Interest Expense compare to GILD and BIIB?
Celgene's Interest Expense of ARS-33,873.54 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Drug Manufacturers company?
A good Interest Expense depends on the Drug Manufacturers industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Celgene and its competitors. Celgene's current Interest Expense is ARS-33,873.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celgene stock overvalued right now?
Celgene (BUE:CELG) has a current Interest Expense of ARS-33,873.54 Mil. The current Interest Expense is ARS-33,873.54 Mil. Celgene's overall GF Score™ is 10/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Celgene (BUE:CELG), the current Interest Expense is ARS-33,873.54 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Celgene Business Description

Address 86 Morris Avenue, Summit, NJ, USA, 07901
Celgene is a biopharmaceutical firm that discovers, develops, and markets therapeutics for the treatment of cancer and immunological diseases. Celgene markets Thalomid and Pomalyst to treat multiple myeloma and Revlimid, a less toxic thalidomide derivative, to treat myelodysplastic syndromes, multiple myeloma, and mantle cell lymphoma. Acquisitions have brought MDS drug Vidaza, T-cell lymphoma drug Istodax, and cancer drug Abraxane. The firm's first immunology drug, Otezla, was approved in the U.S. in 2014. Pending acquisitions of Juno and Impact bring additional drugs for Celgene's blood cancer pipeline.