Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) Interest Expense : ₺-0.07 Mil (TTM As of Sep. 2011)

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What is Ericom Telekomunikasyon ve Enerji Teknolojileri AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ericom Telekomunikasyon ve Enerji Teknolojileri AS's interest expense for the three months ended in Sep. 2011 was ₺ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2011 was ₺-0.07 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. Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Operating Income for the three months ended in Sep. 2011 was ₺ 0.18 Mil. Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Interest Expense for the three months ended in Sep. 2011 was ₺ -0.05 Mil. Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Interest Coverage for the quarter that ended in Sep. 2011 was 3.83. 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.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Interest Expense Historical Data

The historical data trend for Ericom Telekomunikasyon ve Enerji Teknolojileri AS'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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Ericom Telekomunikasyon ve Enerji Teknolojileri AS Interest Expense Chart

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Annual Data

Trend

Dec08

Dec09

Dec10

Interest Expense

-0.02

-0.09

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Quarterly Data
	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Interest Expense	Get a 7-Day Free Trial				-0.01	-0.02	-	-	-0.05

Ericom Telekomunikasyon ve Enerji Teknolojileri AS 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-0.07 Mil.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) 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.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Interest Expense for the three months ended in Sep. 2011 was ₺-0.05 Mil. Its Operating Income for the three months ended in Sep. 2011 was ₺0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2011 was ₺0.00 Mil.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2011 )	/	Interest Expense (Q: Sep. 2011 )
	=	-1	*	0.18	/	-0.047
	=	3.83

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

Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Cd. USO Center, Merkezi No:245 Kat:17, Istanbul, TUR

Website

http://www.ericom.com.tr

Ericom Telekomunikasyon ve Enerji Teknolojileri A.S. is engaged in the supply of energy storage systems. The Company markets lead acid, lithium-ferrite, and vanadium redox type flow battery systems to cellular communications services providers.

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