Miba AG (LTS:0F98) Interest Expense : €-4.1 Mil (TTM As of Jul. 2015)

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What is Miba AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Miba AG's interest expense for the three months ended in Jul. 2015 was € -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2015 was €-4.1 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. Miba AG's Operating Income for the three months ended in Jul. 2015 was € 23.0 Mil. Miba AG's Interest Expense for the three months ended in Jul. 2015 was € -0.6 Mil. Miba AG's Interest Coverage for the quarter that ended in Jul. 2015 was 39.44. 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.

Miba AG Interest Expense Historical Data

The historical data trend for Miba 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.

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Miba AG Interest Expense Chart

Miba AG Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Interest Expense

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-2.48

-2.58

-5.37

-4.78

-5.01

Miba AG Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Interest Expense	Get a 7-Day Free Trial															-1.25	-1.01	-1.69	-0.86	-0.58

Miba 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 Jul. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-4.1 Mil.

Miba AG (LTS:0F98) 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.

Miba AG's Interest Expense for the three months ended in Jul. 2015 was €-0.6 Mil. Its Operating Income for the three months ended in Jul. 2015 was €23.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2015 was €108.9 Mil.

Miba AG's Interest Coverage for the quarter that ended in Jul. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jul. 2015 )	/	Interest Expense (Q: Jul. 2015 )
	=	-1	*	22.992	/	-0.583
	=	39.44

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

Miba AG (LTS:0F98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Miba AG (LTS:0F98) » Definitions » Interest Expense

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Address

Website

http://www.miba.com

Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

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