Acurity Health Group (NZSE:ACY) Interest Expense : NZ$-2.36 Mil (TTM As of Mar. 2014)

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What is Acurity Health Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acurity Health Group's interest expense for the six months ended in Mar. 2014 was NZ$ -1.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2014 was NZ$-2.36 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. Acurity Health Group's Operating Income for the six months ended in Mar. 2014 was NZ$ 5.81 Mil. Acurity Health Group's Interest Expense for the six months ended in Mar. 2014 was NZ$ -1.04 Mil. Acurity Health Group's Interest Coverage for the quarter that ended in Mar. 2014 was 5.61. 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.

Acurity Health Group Interest Expense Historical Data

The historical data trend for Acurity Health Group'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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Acurity Health Group Interest Expense Chart

Acurity Health Group Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Interest Expense

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-0.81

-0.71

-1.56

-2.46

-2.36

Acurity Health Group Semi-Annual Data
	Mar02	Mar03	Sep03	Mar04	Sep04	Mar05	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14
Interest Expense	Get a 7-Day Free Trial															-0.92	-1.09	-1.36	-1.33	-1.04

Acurity Health Group 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$-2.36 Mil.

Acurity Health Group (NZSE:ACY) 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.

Acurity Health Group's Interest Expense for the six months ended in Mar. 2014 was NZ$-1.04 Mil. Its Operating Income for the six months ended in Mar. 2014 was NZ$5.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2014 was NZ$13.11 Mil.

Acurity Health Group's Interest Coverage for the quarter that ended in Mar. 2014 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2014 )	/	Interest Expense (Q: Mar. 2014 )
	=	-1	*	5.808	/	-1.036
	=	5.61

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

Acurity Health Group (NZSE:ACY) Business Description

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Website

http://www.acurity.co.nz

Acurity Health Group Ltd provides private surgical healthcare services. It owns and operates approximately three private surgical hospitals. Its surgical services include cosmetic surgery, hip and knee replacement, and hernia surgery, among others.

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