Glacier Water Services (Glacier Water Services) Interest Expense : $-8.6 Mil (TTM As of Dec. 2010)

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What is Glacier Water Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Glacier Water Services's interest expense for the three months ended in Dec. 2010 was $ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2010 was $-8.6 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. Glacier Water Services's Operating Income for the three months ended in Dec. 2010 was $ 1.3 Mil. Glacier Water Services's Interest Expense for the three months ended in Dec. 2010 was $ -2.2 Mil. Glacier Water Services's Interest Coverage for the quarter that ended in Dec. 2010 was 0.58. 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.

Glacier Water Services Interest Expense Historical Data

The historical data trend for Glacier Water Services'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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Glacier Water Services Interest Expense Chart

Glacier Water Services Annual Data

Trend

Dec01

Dec02

Dec03

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Dec06

Dec07

Dec08

Dec09

Dec10

Interest Expense

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-9.29

-9.03

-8.58

-8.41

-8.58

Glacier Water Services Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Interest Expense	Get a 7-Day Free Trial															-2.22	-2.11	-2.11	-2.16	-2.19

Glacier Water Services 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.6 Mil.

Glacier Water Services (OTCPK:GWSV) 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.

Glacier Water Services's Interest Expense for the three months ended in Dec. 2010 was $-2.2 Mil. Its Operating Income for the three months ended in Dec. 2010 was $1.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2010 was $118.8 Mil.

Glacier Water Services's Interest Coverage for the quarter that ended in Dec. 2010 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2010 )	/	Interest Expense (Q: Dec. 2010 )
	=	-1	*	1.28	/	-2.194
	=	0.58

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

Glacier Water Services (Glacier Water Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Glacier Water Services Inc (OTCPK:GWSV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.glacierwater.com

Glacier Water Services provides drinking water that is dispensed to consumers through coin-operated, self-service, vending machines. These machines are designed, developed, and assembled by the company and they reduce impurities in the water through a combination of micron filtration, reverse osmosis, carbon adsorption, and ultraviolet sterilization. The company's machines, which are located throughout the United States, are placed primarily at supermarkets and other retail locations.

Executives

Richard A Kayne	director, 10 percent owner
Kayne Anderson Capital Advisors Lp	10 percent owner	2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067
Charles A Norris	director, 10 percent owner	481 DENSLOW AVE, LOS ANGELES CA 90049
Robert V Sinnott	other: Former Director	1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067

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