Bac Majestic (LTS:0QCU) Interest Expense: €-0.03 Mil (TTM As of Jun. 2015)


What is Bac Majestic Interest Expense?

Bac Majestic LTS:0QCU Interest Expense is €-0.03 Mil as of Jun. 2015. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bac Majestic's interest expense for the six months ended in Jun. 2015 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was €-0.03 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. Bac Majestic's Operating Income for the six months ended in Jun. 2015 was € -0.01 Mil. Bac Majestic's Interest Expense for the six months ended in Jun. 2015 was € 0.00 Mil. GuruFocus does not calculate Bac Majestic's interest coverage with the available data. 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.

Bac Majestic  (LTS:0QCU) 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.

Bac Majestic's Interest Expense for the six months ended in Jun. 2015 was €0.00 Mil. Its Operating Income for the six months ended in Jun. 2015 was €-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2015 was €0.04 Mil.

Bac Majestic's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

GuruFocus does not calculate Bac Majestic's interest coverage with the available data.

* 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.

Bac Majestic Interest Expense Historical Data

* Premium members only.

The historical data trend for Bac Majestic'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.

Bac Majestic Interest Expense Chart

Bac Majestic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.17 -0.01 0.00 -0.07 -0.03

Bac Majestic Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -0.07 0.00 -0.03 0.00

Bac Majestic 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 Jun. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.03 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-0.03 Mil mean?
Bac Majestic (LTS:0QCU) has a Interest Expense of €-0.03 Mil as of Jun. 2015. Interest Expense is the amount a company pays on its long-term debt. View historical data on Bac Majestic and its competitors.
Is Bac Majestic's Interest Expense too high?
Bac Majestic's current Interest Expense is €-0.03 Mil.
How does Bac Majestic's Interest Expense compare to SBSAA and TMGI?
Bac Majestic's Interest Expense of €-0.03 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Interest Expense depends on the Media - Diversified 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 Bac Majestic and its competitors. Bac Majestic's current Interest Expense is €-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bac Majestic stock overvalued right now?
Bac Majestic (LTS:0QCU) has a current Interest Expense of €-0.03 Mil. The current Interest Expense is €-0.03 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 Bac Majestic (LTS:0QCU), the current Interest Expense is €-0.03 Mil as of Jun. 2015. 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.

Bac Majestic Business Description

Bac Majestic is engaged in the coproducing and distributing films in France and internationally. It involves in the distribution of films to theaters and on video, as well as to television channels.