International Market Centers (International Market Centers) Interest Expense : $ Mil (TTM As of Dec. 2014)

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What is International Market Centers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Market Centers's interest expense for the six months ended in Dec. 2014 was $ -34.08 Mil. International Market Centers does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2014.

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. International Market Centers's Operating Income for the six months ended in Dec. 2014 was $ 21.12 Mil. International Market Centers's Interest Expense for the six months ended in Dec. 2014 was $ -34.08 Mil. International Market Centers's Interest Coverage for the quarter that ended in Dec. 2014 was 0.62. 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.

International Market Centers Interest Expense Historical Data

The historical data trend for International Market Centers'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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International Market Centers Interest Expense Chart

International Market Centers Annual Data

Trend

Dec12

Dec13

Dec14

Interest Expense

-32.43

-33.13

-34.08

International Market Centers Semi-Annual Data
	Dec12	Dec13	Dec14
Interest Expense	-32.43	-33.13	-34.08

International Market Centers Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

International Market Centers (NYSE:IMC) 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.

International Market Centers's Interest Expense for the six months ended in Dec. 2014 was $-34.08 Mil. Its Operating Income for the six months ended in Dec. 2014 was $21.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2014 was $533.68 Mil.

International Market Centers's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2014 )	/	Interest Expense (Q: Dec. 2014 )
	=	-1	*	21.12	/	-34.08
	=	0.62

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

International Market Centers (International Market Centers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » International Market Centers Inc (NYSE:IMC) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Website

http://www.imcenters.com

International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home dÃ©cor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home dÃ©cor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home dÃ©cor and gift products.

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