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


What is China Specialty Glass AG Interest Expense?

China Specialty Glass AG FRA:8GS Interest Expense is €-4.2 Mil as of Jun. 2014.

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  (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 Interest Expense Historical Data

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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.

China Specialty Glass AG Interest Expense Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Interest Expense
0.00 -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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-4.2 Mil mean?
China Specialty Glass AG (FRA:8GS) has a Interest Expense of €-4.2 Mil as of Jun. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on China Specialty Glass AG and its competitors.
Is China Specialty Glass AG's Interest Expense too high?
China Specialty Glass AG's current Interest Expense is €-4.2 Mil.
How does China Specialty Glass AG's Interest Expense compare to DTII and VCON?
China Specialty Glass AG's Interest Expense of €-4.2 Mil can be compared against companies in the Business 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 Business Services company?
A good Interest Expense depends on the Business 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 China Specialty Glass AG and its competitors. China Specialty Glass AG's current Interest Expense is €-4.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Specialty Glass AG stock overvalued right now?
China Specialty Glass AG (FRA:8GS) has a current Interest Expense of €-4.2 Mil. The current Interest Expense is €-4.2 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 China Specialty Glass AG (FRA:8GS), the current Interest Expense is €-4.2 Mil as of Jun. 2014. 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.

China Specialty Glass AG Business Description

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.