Kaydon (FRA:KYD) Interest Expense : €-2.9 Mil (TTM As of Jun. 2013)

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What is Kaydon Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kaydon's interest expense for the three months ended in Jun. 2013 was € -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2013 was €-2.9 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. Kaydon's Operating Income for the three months ended in Jun. 2013 was € 13.0 Mil. Kaydon's Interest Expense for the three months ended in Jun. 2013 was € -0.7 Mil. Kaydon's Interest Coverage for the quarter that ended in Jun. 2013 was 19.22. 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.

Kaydon Interest Expense Historical Data

The historical data trend for Kaydon'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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Kaydon Interest Expense Chart

Kaydon Annual Data

Trend

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Interest Expense

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-6.93

-0.17

-0.18

-0.30

-2.39

Kaydon Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Interest Expense	Get a 7-Day Free Trial															-0.63	-0.74	-0.76	-0.69	-0.68

Kaydon 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.9 Mil.

Kaydon (FRA:KYD) 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.

Kaydon's Interest Expense for the three months ended in Jun. 2013 was €-0.7 Mil. Its Operating Income for the three months ended in Jun. 2013 was €13.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2013 was €118.4 Mil.

Kaydon's Interest Coverage for the quarter that ended in Jun. 2013 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2013 )	/	Interest Expense (Q: Jun. 2013 )
	=	-1	*	13.047	/	-0.679
	=	19.22

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

Kaydon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kaydon Corporation (FRA:KYD) » Definitions » Interest Expense

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Address

Website

http://www.kaydon.com

Kaydon Corporation was incorporated in 1983. The Company is a designer and manufacturer of custom engineered, performance-critical products supplying a broad and diverse customer base. The Company's main products now include bearings and components, filters and filter housings, custom rings, shaft seals, linear deceleration products, specialty balls, fuel cleansing systems, gas-phase air filtration systems and replacement media, industrial presses and metal alloy products. These products are used by customers in a variety of alternative energy, specialized robotics, medical, material handling, machine tool positioning, aerospace, defense, security, electronic and other industrial applications. The Company has two reportable segments and other operating segments engaged in the manufacture and sale of the following: Friction Control Products - complex components used in alternative energy, specialized robotics, medical, aerospace, defense, security, electronic, material handling, construction and other industrial applications. Products include anti-friction bearings, split roller bearings and specialty balls; Velocity Control Products - complex components used in specialized robotics, material handling, machine tool, medical, amusement and other industrial applications. Products include industrial shock absorbers, safety shock absorbers, velocity controls, gas springs and rotary dampers; and Other Industrial Products - complex and standard ring and seal products, filter elements and liquid and gas-phase filtration systems, metal alloys, machine tool components, presses, dies and benders used in a variety of applications. The Company sells its products in each segment through a sales organization consisting of salespersons and representatives located primarily throughout North America, Europe and Asia. The Company holds various patents, patent applications, licenses, trademarks and trade names. The Company's competitors include a number of other well-established manufacturers, as well as other smaller companies.

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