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China Specialty Glass AG (FRA:8GS) Interest Expense : €-4.2 Mil (TTM As of Jun. 2014)


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What is China Specialty Glass AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Specialty Glass AG's interest expense for the three months ended in Jun. 2014 was € -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was €-4.2 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. China Specialty Glass AG's Operating Income for the three months ended in Jun. 2014 was € 10.2 Mil. China Specialty Glass AG's Interest Expense for the three months ended in Jun. 2014 was € -0.9 Mil. China Specialty Glass AG's Interest Coverage for the quarter that ended in Jun. 2014 was 10.90. 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.


China Specialty Glass AG Interest Expense Historical Data

The historical data trend for China Specialty Glass AG'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.

China Specialty Glass AG Interest Expense Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Interest Expense
- -0.16 -3.60 -5.22

China Specialty Glass AG Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 -1.62 -1.03 -1.33 -0.92 -0.93

China Specialty Glass AG 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-4.2 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.


China Specialty Glass AG  (FRA:8GS) 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.

China Specialty Glass AG's Interest Expense for the three months ended in Jun. 2014 was €-0.9 Mil. Its Operating Income for the three months ended in Jun. 2014 was €10.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2014 was €34.4 Mil.

China Specialty Glass AG's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2014 )/Interest Expense (Q: Jun. 2014 )
=-1*10.168/-0.933
=10.90

* 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.


China Specialty Glass AG (FRA:8GS) Business Description

Traded in Other Exchanges
N/A
Address
An den Romerhuegeln 1, Grunwald, DEU, 82031
China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.

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