Amica Mature Lifestyles (TSX:ACC) Interest Expense : C$-18.5 Mil (TTM As of Aug. 2015)

View and export this data going back to . Start your Free Trial

What is Amica Mature Lifestyles Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amica Mature Lifestyles's interest expense for the three months ended in Aug. 2015 was C$ -4.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2015 was C$-18.5 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. Amica Mature Lifestyles's Operating Income for the three months ended in Aug. 2015 was C$ 3.5 Mil. Amica Mature Lifestyles's Interest Expense for the three months ended in Aug. 2015 was C$ -4.5 Mil. Amica Mature Lifestyles's Interest Coverage for the quarter that ended in Aug. 2015 was 0.79. 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.

Amica Mature Lifestyles Interest Expense Historical Data

The historical data trend for Amica Mature Lifestyles'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.

Amica Mature Lifestyles Interest Expense Chart

Amica Mature Lifestyles Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Interest Expense

Get a 7-Day Free Trial

-9.00

-11.45

-20.17

-19.10

-18.75

Amica Mature Lifestyles Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Interest Expense	Get a 7-Day Free Trial															-4.75	-4.69	-4.61	-4.70	-4.47

Amica Mature Lifestyles 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 Aug. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-18.5 Mil.

Amica Mature Lifestyles (TSX:ACC) 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.

Amica Mature Lifestyles's Interest Expense for the three months ended in Aug. 2015 was C$-4.5 Mil. Its Operating Income for the three months ended in Aug. 2015 was C$3.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2015 was C$268.8 Mil.

Amica Mature Lifestyles's Interest Coverage for the quarter that ended in Aug. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Aug. 2015 )	/	Interest Expense (Q: Aug. 2015 )
	=	-1	*	3.509	/	-4.465
	=	0.79

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

Amica Mature Lifestyles (TSX:ACC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Amica Mature Lifestyles Inc (TSX:ACC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.amica.ca

Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.