GLUX (Great Lakes Aviation) Interest Expense: $-4.88 Mil (TTM As of Sep. 2015)


What is Great Lakes Aviation Interest Expense?

Great Lakes Aviation GLUX Interest Expense is $-4.88 Mil as of Sep. 2015.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great Lakes Aviation's interest expense for the three months ended in Sep. 2015 was $ -1.20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-4.88 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. Great Lakes Aviation's Operating Income for the three months ended in Sep. 2015 was $ -1.11 Mil. Great Lakes Aviation's Interest Expense for the three months ended in Sep. 2015 was $ -1.20 Mil. Great Lakes Aviation 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.

Great Lakes Aviation  (OTCPK:GLUX) 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.

Great Lakes Aviation's Interest Expense for the three months ended in Sep. 2015 was $-1.20 Mil. Its Operating Income for the three months ended in Sep. 2015 was $-1.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was $0.00 Mil.

Great Lakes Aviation's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Great Lakes Aviation did not have earnings to cover the interest expense.

* 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.

Great Lakes Aviation Interest Expense Historical Data

* Premium members only.

The historical data trend for Great Lakes Aviation'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.

Great Lakes Aviation Interest Expense Chart

Great Lakes Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.91 -2.62 -5.01 -4.32 -4.56

Great Lakes Aviation Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.26 -1.18 -1.07 -1.43 -1.20

Great Lakes Aviation 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.88 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 $-4.88 Mil mean?
Great Lakes Aviation (GLUX) has a Interest Expense of $-4.88 Mil as of Sep. 2015. Interest Expense is the amount a company pays on its long-term debt. View historical data on Great Lakes Aviation and its competitors.
Is Great Lakes Aviation's Interest Expense too high?
Great Lakes Aviation's current Interest Expense is $-4.88 Mil.
How does Great Lakes Aviation's Interest Expense compare to MESA?
Great Lakes Aviation's Interest Expense of $-4.88 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Interest Expense depends on the Transportation 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 Great Lakes Aviation and its competitors. Great Lakes Aviation's current Interest Expense is $-4.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Lakes Aviation stock overvalued right now?
Great Lakes Aviation (GLUX) has a current Interest Expense of $-4.88 Mil. The current Interest Expense is $-4.88 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 Great Lakes Aviation (GLUX), the current Interest Expense is $-4.88 Mil as of Sep. 2015. 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.

Great Lakes Aviation Business Description

Address 1022 Airport Parkway, Cheyenne, WY, USA, 82001
Great Lakes Aviation Ltd is the United States based regional airline operating as an independent carrier.