The Scottishlmon Company (The Scottishlmon Company) Interest Expense : $-2.06 Mil (TTM As of Jun. 2019)

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What is The Scottishlmon Company Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Scottishlmon Company's interest expense for the six months ended in Jun. 2019 was $ -1.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was $-2.06 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. The Scottishlmon Company's Operating Income for the six months ended in Jun. 2019 was $ 11.88 Mil. The Scottishlmon Company's Interest Expense for the six months ended in Jun. 2019 was $ -1.44 Mil. The Scottishlmon Company's Interest Coverage for the quarter that ended in Jun. 2019 was 8.25. 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.

The Scottishlmon Company Interest Expense Historical Data

The historical data trend for The Scottishlmon Company'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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The Scottishlmon Company Interest Expense Chart

The Scottishlmon Company Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Expense

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-3.21

-2.09

-2.00

-1.52

-1.39

The Scottishlmon Company Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Interest Expense	Get a 7-Day Free Trial															-0.85	-0.64	-0.81	-0.62	-1.44

The Scottishlmon Company 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.06 Mil.

The Scottishlmon Company (GREY:SCLMF) 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.

The Scottishlmon Company's Interest Expense for the six months ended in Jun. 2019 was $-1.44 Mil. Its Operating Income for the six months ended in Jun. 2019 was $11.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2019 was $28.54 Mil.

The Scottishlmon Company's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2019 )	/	Interest Expense (Q: Jun. 2019 )
	=	-1	*	11.883	/	-1.441
	=	8.25

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

The Scottishlmon Company (The Scottishlmon Company) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Scottish Salmon Company PLC (GREY:SCLMF) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

43/45 La Motte Street, Channel Islands, Saint Helier, JEY, JE4 8SD

Website

http://www.scottishsalmon.je

The Scottish Salmon Company PLC is engaged in the business of production and sale of Scottish salmon along with complementary investments in other value-added Scottish seafood products. It primarily involves in Fish Farming Operations. Geographically, it derives majority revenue from Europe and also has a presence in the UK, North America and Rest of World.

The Scottishlmon Company (The Scottishlmon Company) Headlines

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