CVHL (CV Holdings) Interest Expense: $-60.9 Mil (TTM As of Dec. 2008)

What is CV Holdings Interest Expense?

CV Holdings CVHL Interest Expense is $-60.9 Mil as of Dec. 2008.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CV Holdings's interest expense for the three months ended in Dec. 2008 was $ -19.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2008 was $-60.9 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. CV Holdings's Operating Income for the three months ended in Dec. 2008 was $ 1.3 Mil. CV Holdings's Interest Expense for the three months ended in Dec. 2008 was $ -19.1 Mil. CV Holdings's Interest Coverage for the quarter that ended in Dec. 2008 was 0.07. 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.

CV Holdings (OTCPK:CVHL) 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.

CV Holdings's Interest Expense for the three months ended in Dec. 2008 was $-19.1 Mil. Its Operating Income for the three months ended in Dec. 2008 was $1.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2008 was $1,012.6 Mil.

CV Holdings's Interest Coverage for the quarter that ended in Dec. 2008 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2008 )	/	Interest Expense (Q: Dec. 2008 )
	=	-1	*	1.313	/	-19.122
	=	0.07

* 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.

CV Holdings Interest Expense Historical Data

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The historical data trend for CV Holdings's Interest Expense can be seen below:

CV Holdings Interest Expense Chart

CV Holdings Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Interest Expense

0.00

-92.16

-82.04

CV Holdings Quarterly Data
	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Interest Expense	Get a 7-Day Free Trial									-25.11	0.00	-21.36	-20.37	-19.12

CV Holdings 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-60.9 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-60.9 Mil mean?

CV Holdings (CVHL) has a Interest Expense of $-60.9 Mil as of Dec. 2008. Interest Expense is the amount a company pays on its long-term debt. View historical data on CV Holdings and its competitors.

Is CV Holdings' Interest Expense too high?

CV Holdings' current Interest Expense is $-60.9 Mil.

How does CV Holdings' Interest Expense compare to ACMC and BMNM?

CV Holdings' Interest Expense of $-60.9 Mil can be compared against companies in the Credit Services 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 Credit Services company?

A good Interest Expense depends on the Credit Services 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 CV Holdings and its competitors. CV Holdings's current Interest Expense is $-60.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CV Holdings stock overvalued right now?

CV Holdings (CVHL) has a current Interest Expense of $-60.9 Mil. The current Interest Expense is $-60.9 Mil. 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 CV Holdings (CVHL), the current Interest Expense is $-60.9 Mil as of Dec. 2008. 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.

CV Holdings Business Description

Industry Financial Services Credit Services

Comparable Companies ACMC BMNM TRMT LOAN HCFT SACH EARN AI CHMI AJX ANH ORC DX XAN ACRE MITT WMC RC CMO GPMT

Address 1300 Quail Street, Suite 106, Newport Beach, CA, USA, 92660

Website http://www.cvhldgs.com

CV Holdings Inc operates as a holding company for finance-related businesses. The company, through its wholly-owned or controlled subsidiaries, holds several types of investment assets, including contracts receivable, and investments in a joint venture and limited liability company. Its primary business is focused on commercial small ticket equipment leases or finance contracts nationwide across various industries where originations utilize a broker- and vendor based model.