LZENF (Lizhan Environmental) Interest Expense : $-0.81 Mil (TTM As of Mar. 2012)

View and export this data going back to 2010. Start your Free Trial

What is Lizhan Environmental Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lizhan Environmental's interest expense for the three months ended in Mar. 2012 was $ -0.47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2012 was $-0.81 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. Lizhan Environmental's Operating Income for the three months ended in Mar. 2012 was $ -0.68 Mil. Lizhan Environmental's Interest Expense for the three months ended in Mar. 2012 was $ -0.47 Mil. Lizhan Environmental did not have earnings to cover the interest expense. 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.

Lizhan Environmental Interest Expense Historical Data

The historical data trend for Lizhan Environmental'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.

* Premium members only.

Lizhan Environmental Interest Expense Chart

Lizhan Environmental Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Interest Expense

-0.12

-0.17

-0.30

-0.41

Lizhan Environmental Quarterly Data
	Sep08	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Mar12
Interest Expense	Get a 7-Day Free Trial							-0.01	-0.06	-0.08	-0.26	-0.47

Lizhan Environmental 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 Mar. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.81 Mil.

Lizhan Environmental (OTCPK:LZENF) 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.

Lizhan Environmental's Interest Expense for the three months ended in Mar. 2012 was $-0.47 Mil. Its Operating Income for the three months ended in Mar. 2012 was $-0.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2012 was $0.00 Mil.

Lizhan Environmental's Interest Coverage for the quarter that ended in Mar. 2012 is calculated as

Lizhan Environmental did not have earnings to cover the interest expense.

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

Lizhan Environmental Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lizhan Environmental Corp (OTCPK:LZENF) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 716, Qifu Road, Wutong Street, Tongxiang, Zhejiang Province, CHN, 314500

Website

http://gb.lzencorp.com/

Lizhan Environmental Corp manufactures, distributes and markets synthetic leather and other fabrics from recycled leather waste, among other materials. It's products used in the production of residential and office furniture, garments, automotive upholstery products, and various consumer applications. It sells domestically in China and export to distributors and manufacturers in the United States and other foreign countries.

Lizhan Environmental Headlines

No Headlines