Parkway (Parkway) Interest Expense : $-13.2 Mil (TTM As of Jun. 2017)

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What is Parkway Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Parkway's interest expense for the three months ended in Jun. 2017 was $ -4.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was $-13.2 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. Parkway's Operating Income for the three months ended in Jun. 2017 was $ 1.2 Mil. Parkway's Interest Expense for the three months ended in Jun. 2017 was $ -4.6 Mil. Parkway's Interest Coverage for the quarter that ended in Jun. 2017 was 0.27. 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.

Parkway Interest Expense Historical Data

The historical data trend for Parkway'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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Parkway Interest Expense Chart

Parkway Annual Data

Trend

Dec15

Dec16

Interest Expense

-31.86

Parkway Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Interest Expense	Get a 7-Day Free Trial			-	-	-	-8.69	-4.56

Parkway 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.2 Mil.

Parkway (NYSE:PKYW) 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.

Parkway's Interest Expense for the three months ended in Jun. 2017 was $-4.6 Mil. Its Operating Income for the three months ended in Jun. 2017 was $1.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was $0.0 Mil.

Parkway's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2017 )	/	Interest Expense (Q: Jun. 2017 )
	=	-1	*	1.231	/	-4.561
	=	0.27

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

Parkway (Parkway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Parkway Inc (NYSE:PKYW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.pky.com

Parkway Inc is a self-managed office REIT, engaged in the ownership, acquisition, development and leasing of Class A office properties focused on Houston, Texas submarkets.

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