SolarWorld AG (HAM:SWVK) Interest Expense: €-18.2 Mil (TTM As of Dec. 2016)


What is SolarWorld AG Interest Expense?

SolarWorld AG HAM:SWVK +23.68% Interest Expense is €-18.2 Mil as of Dec. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SolarWorld AG's interest expense for the three months ended in Dec. 2016 was € -5.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was €-18.2 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. SolarWorld AG's Operating Income for the three months ended in Dec. 2016 was € -84.0 Mil. SolarWorld AG's Interest Expense for the three months ended in Dec. 2016 was € -5.5 Mil. SolarWorld AG 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.

SolarWorld AG  (HAM:SWVK) 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.

SolarWorld AG's Interest Expense for the three months ended in Dec. 2016 was €-5.5 Mil. Its Operating Income for the three months ended in Dec. 2016 was €-84.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2016 was €322.0 Mil.

SolarWorld AG's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

SolarWorld AG 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.

SolarWorld AG Interest Expense Historical Data

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The historical data trend for SolarWorld 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.

SolarWorld AG Interest Expense Chart

SolarWorld AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.17 -60.68 -30.53 -27.57 -33.10

SolarWorld AG Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 2.69 0.00 0.00 -12.70 -5.47

SolarWorld 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was €-18.2 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 €-18.2 Mil mean?
SolarWorld AG (HAM:SWVK) has a Interest Expense of €-18.2 Mil as of Dec. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on SolarWorld AG and its competitors.
Is SolarWorld AG's Interest Expense too high?
SolarWorld AG's current Interest Expense is €-18.2 Mil.
How does SolarWorld AG's Interest Expense compare to SUNW and RGSE?
SolarWorld AG's Interest Expense of €-18.2 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Interest Expense depends on the Semiconductors 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 SolarWorld AG and its competitors. SolarWorld AG's current Interest Expense is €-18.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarWorld AG stock overvalued right now?
SolarWorld AG (HAM:SWVK) has a current Interest Expense of €-18.2 Mil. The current Interest Expense is €-18.2 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 SolarWorld AG (HAM:SWVK), the current Interest Expense is €-18.2 Mil as of Dec. 2016. 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.

SolarWorld AG Business Description

Address Martin-Luther-King-Street 24, Bonn, DEU, 53175
SolarWorld AG is a manufacturer of solar power products. It also researches, develops, produces and recycles on all levels of the solar value-added chain. It also focuses on the production and international distribution of high-end solar energy facilities. The business operates through segments that include Production Germany, Production United States, Trade, and Others. The Trade segment generates maximum revenue for the company. Its product line consists of module and assembly kit, cells and wafers, power generation, and other revenue. The sales of module and assembly kit generate maximum revenue for the company.