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Box Ships (Box Ships) Interest Expense : $-5.46 Mil (TTM As of Dec. 2015)


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What is Box Ships Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Box Ships's interest expense for the three months ended in Dec. 2015 was $ -1.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2015 was $-5.46 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. Box Ships's Operating Income for the three months ended in Dec. 2015 was $ -1.96 Mil. Box Ships's Interest Expense for the three months ended in Dec. 2015 was $ -1.30 Mil. Box Ships 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.


Box Ships Interest Expense Historical Data

The historical data trend for Box Ships'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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Box Ships Interest Expense Chart

Box Ships Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial -8.49 -8.30 -7.04 -5.46 -4.48

Box Ships Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 -1.43 -1.37 -1.35 -1.30 -

Box Ships 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 Dec. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.46 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.


Box Ships  (OTCPK:TEUFF) 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.

Box Ships's Interest Expense for the three months ended in Dec. 2015 was $-1.30 Mil. Its Operating Income for the three months ended in Dec. 2015 was $-1.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2015 was $0.00 Mil.

Box Ships's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Box Ships did not have earnings to cover the interest expense.

* 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.


Box Ships (Box Ships) Business Description

Traded in Other Exchanges
N/A
Address
15, Karamanli Avenue, Voula, GRC, GR 16673
Box Ships Inc is a shipping company specializing in the transportation of containers and the provision of commercial management services to shipping companies. The time charter generates maximum revenue for the company.

Box Ships (Box Ships) Headlines

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