Erickson (Erickson) Interest Expense : $-37.2 Mil (TTM As of Jun. 2016)

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What is Erickson Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Erickson's interest expense for the three months ended in Jun. 2016 was $ -9.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2016 was $-37.2 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. Erickson's Operating Income for the three months ended in Jun. 2016 was $ -10.8 Mil. Erickson's Interest Expense for the three months ended in Jun. 2016 was $ -9.5 Mil. Erickson 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.

Erickson Interest Expense Historical Data

The historical data trend for Erickson'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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Erickson Interest Expense Chart

Erickson Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Interest Expense

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-9.16

-6.99

-25.18

-35.81

-37.07

Erickson Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Interest Expense	Get a 7-Day Free Trial															-9.38	-9.29	-9.19	-9.25	-9.48

Erickson 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 Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37.2 Mil.

Erickson (OTCPK:EKSN) 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.

Erickson's Interest Expense for the three months ended in Jun. 2016 was $-9.5 Mil. Its Operating Income for the three months ended in Jun. 2016 was $-10.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2016 was $480.9 Mil.

Erickson's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Erickson did not have earnings to cover the interest expense.

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

Erickson (Erickson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Erickson Inc (OTCPK:EKSN) » Definitions » Interest Expense

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Address

5550 South West Macadam Avenue, Suite 200, Portland, OR, USA, 97239

Website

http://www.ericksonaviation.com

Erickson Inc owns and operates a diverse fleet of aircraft. The company offers support and maintenance, repair, remanufacture and related overhaul services to Aircrane and other aircrafts. In addition, the company leases aircrafts for specific missions. Geographically the activities are carried out through the region of United States.