TRUK (Truck Hero) Interest Expense: $ Mil (TTM As of Jun. 2015)

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What is Truck Hero Interest Expense?

Truck Hero TRUK Interest Expense is $ Mil as of Jun. 2015.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Truck Hero's interest expense for the six months ended in Jun. 2015 was $ -15.59 Mil. Truck Hero does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2015.

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. Truck Hero's Operating Income for the six months ended in Jun. 2015 was $ 26.67 Mil. Truck Hero's Interest Expense for the six months ended in Jun. 2015 was $ -15.59 Mil. Truck Hero's Interest Coverage for the quarter that ended in Jun. 2015 was 1.71. 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.

Truck Hero  (NYSE:TRUK) 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.

Truck Hero's Interest Expense for the six months ended in Jun. 2015 was $-15.59 Mil. Its Operating Income for the six months ended in Jun. 2015 was $26.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2015 was $420.90 Mil.

Truck Hero's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2015 )/Interest Expense (Q: Jun. 2015 )
=-1*26.67/-15.593
=1.71

* 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.

Truck Hero Interest Expense Historical Data

* Premium members only.

The historical data trend for Truck Hero'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.

Truck Hero Interest Expense Chart

Truck Hero Annual Data
Trend Dec13 Dec14
Interest Expense
-7.02 0.00

Truck Hero Semi-Annual Data
Dec13 Jun14 Jun15
Interest Expense 0.00 -9.04 -15.59

Truck Hero Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Truck Hero (TRUK) has a Interest Expense of $ Mil as of Jun. 2015. Interest Expense is the amount a company pays on its long-term debt. View historical data on Truck Hero and its competitors.
Is Truck Hero's Interest Expense too high?
Truck Hero's current Interest Expense is $ Mil.
How does Truck Hero's Interest Expense compare to IMLE and PFTI?
Truck Hero's Interest Expense of $ Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Vehicles & Parts company?
A good Interest Expense depends on the Vehicles & Parts industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Truck Hero and its competitors. Truck Hero's current Interest Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truck Hero stock overvalued right now?
Truck Hero (TRUK) has a current Interest Expense of $ Mil. The current Interest Expense is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Truck Hero (TRUK), the current Interest Expense is $ Mil as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Truck Hero Business Description

Truck Hero Inc was incorporated in Delaware in November 2007. The Company designs, manufactures and markets consumer accessories for pickup trucks. It offers a portfolio of branded and private label truck bed covers and accessories that include truck bed covers, truck caps, and bed liners custom-made fiberglass and aluminum truck caps and fiberglass truck bed covers to consumer and commercial markets and a line of retractable aluminum slat and hard-rolling truck bed covers, as well as bed rails and storage boxes. It also sells third party branded vehicle accessories online, which include floor mats, grill guards, steps, tool boxes, and towing product. The Company competes with the companies that manufacture and retail accessory and appearance products. It is subject to governmental laws and regulations.