Sky High (LSE:SKHG) Interest Expense : £-0.01 Mil (TTM As of Sep. 2012)

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What is Sky High Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sky High's interest expense for the six months ended in Sep. 2012 was £ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2012 was £-0.01 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. Sky High's Operating Income for the six months ended in Sep. 2012 was £ 0.30 Mil. Sky High's Interest Expense for the six months ended in Sep. 2012 was £ -0.01 Mil. Sky High's Interest Coverage for the quarter that ended in Sep. 2012 was 21.64. 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.

Sky High Interest Expense Historical Data

The historical data trend for Sky High'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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Sky High Interest Expense Chart

Sky High Annual Data

Trend

Dec02

Jun04

Jun05

Jun06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Interest Expense

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-0.04

-0.05

-0.04

-0.05

Sky High Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12
Interest Expense	Get a 7-Day Free Trial													-0.02	-	-0.01	-	-0.01

Sky High 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. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.01 Mil.

Sky High (LSE:SKHG) 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.

Sky High's Interest Expense for the six months ended in Sep. 2012 was £-0.01 Mil. Its Operating Income for the six months ended in Sep. 2012 was £0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2012 was £0.07 Mil.

Sky High's Interest Coverage for the quarter that ended in Sep. 2012 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2012 )	/	Interest Expense (Q: Sep. 2012 )
	=	-1	*	0.303	/	-0.014
	=	21.64

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

Sky High Business Description

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