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


What is International Market Centers Interest Expense?

International Market Centers IMC Interest Expense is $ Mil as of Dec. 2014.

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  (NYSE:IMC) 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.

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

* 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.

International Market Centers Interest Expense Historical Data

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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.

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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
International Market Centers (IMC) has a Interest Expense of $ Mil as of Dec. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on International Market Centers and its competitors.
Is International Market Centers' Interest Expense too high?
International Market Centers' current Interest Expense is $ Mil.
How does International Market Centers' Interest Expense compare to HMG and AIII?
International Market Centers' Interest Expense of $ Mil can be compared against companies in the REITs 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 REITs company?
A good Interest Expense depends on the REITs 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 International Market Centers and its competitors. International Market Centers's current Interest Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Market Centers stock overvalued right now?
International Market Centers (IMC) has a current Interest Expense of $ Mil. The current Interest Expense is $ 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 International Market Centers (IMC), the current Interest Expense is $ Mil as of Dec. 2014. 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.

International Market Centers Business Description

Industry Real EstateREITs
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 décor 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 décor 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 décor and gift products.