AZ Electronic Materials (FRA:OAZ) Interest Expense : €-10.3 Mil (TTM As of Dec. 2013)

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What is AZ Electronic Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AZ Electronic Materials's interest expense for the six months ended in Dec. 2013 was € -5.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was €-10.3 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. AZ Electronic Materials's Operating Income for the six months ended in Dec. 2013 was € 44.0 Mil. AZ Electronic Materials's Interest Expense for the six months ended in Dec. 2013 was € -5.1 Mil. AZ Electronic Materials's Interest Coverage for the quarter that ended in Dec. 2013 was 8.61. 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.

AZ Electronic Materials Interest Expense Historical Data

The historical data trend for AZ Electronic Materials'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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AZ Electronic Materials Interest Expense Chart

AZ Electronic Materials Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Interest Expense

-70.55

-48.61

-19.99

-10.90

-10.07

AZ Electronic Materials Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Interest Expense	Get a 7-Day Free Trial			-7.45	-5.74	-5.41	-5.15	-5.11

AZ Electronic Materials 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. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-10.3 Mil.

AZ Electronic Materials (FRA:OAZ) 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.

AZ Electronic Materials's Interest Expense for the six months ended in Dec. 2013 was €-5.1 Mil. Its Operating Income for the six months ended in Dec. 2013 was €44.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2013 was €232.9 Mil.

AZ Electronic Materials's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2013 )	/	Interest Expense (Q: Dec. 2013 )
	=	-1	*	44.019	/	-5.11
	=	8.61

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

AZ Electronic Materials (FRA:OAZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AZ Electronic Materials SA (FRA:OAZ) » Definitions » Interest Expense

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Address

Website

http://www.azem.com

AZ Electronic Materials SA is a Luxembourg- based company engaged in producing and supplying specialty chemicals. It focuses on three business areas Integrated Circuits which involves dielectrics, underlayers, yield enhancers, CMP slurries and pattern enhancers, Display Materials and AZ products such as specialty chemicals and materials used in integrated circuits and devise as well as flat panel displays and photolithographic printing.

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