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Solar Thin Films (Solar Thin Films) Interest Expense : $-0.27 Mil (TTM As of Sep. 2010)


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What is Solar Thin Films Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solar Thin Films's interest expense for the three months ended in Sep. 2010 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2010 was $-0.27 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. Solar Thin Films's Operating Income for the three months ended in Sep. 2010 was $ 0.67 Mil. Solar Thin Films's Interest Expense for the three months ended in Sep. 2010 was $ -0.05 Mil. Solar Thin Films's Interest Coverage for the quarter that ended in Sep. 2010 was 13.34. 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.


Solar Thin Films Interest Expense Historical Data

The historical data trend for Solar Thin Films'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.

Solar Thin Films Interest Expense Chart

Solar Thin Films Annual Data
Trend Jul00 Jul01 Jul02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -1.18 -0.87

Solar Thin Films Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.03 -0.13 -0.06 -0.05

Solar Thin Films 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 Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.27 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.


Solar Thin Films  (GREY:SLTZ) 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.

Solar Thin Films's Interest Expense for the three months ended in Sep. 2010 was $-0.05 Mil. Its Operating Income for the three months ended in Sep. 2010 was $0.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2010 was $0.14 Mil.

Solar Thin Films's Interest Coverage for the quarter that ended in Sep. 2010 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2010 )/Interest Expense (Q: Sep. 2010 )
=-1*0.667/-0.05
=13.34

* 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.


Solar Thin Films (Solar Thin Films) Business Description

Traded in Other Exchanges
N/A
Address
1140 RXR Plaza Uniondale, New York, NY, USA, 11556
Solar Thin Films Inc offers solar panels that are made in America. The company also provides fiberglass reinforced plastics used to make shipping containers as well as temporary and permanent houses.

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