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KDM Shipping (WAR:KDM) Interest Expense : zł-0.5 Mil (TTM As of Jun. 2018)


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What is KDM Shipping Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KDM Shipping's interest expense for the six months ended in Jun. 2018 was zł -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was zł-0.5 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. KDM Shipping's Operating Income for the six months ended in Jun. 2018 was zł 2.6 Mil. KDM Shipping's Interest Expense for the six months ended in Jun. 2018 was zł -0.2 Mil. KDM Shipping's Interest Coverage for the quarter that ended in Jun. 2018 was 13.61. 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.


KDM Shipping Interest Expense Historical Data

The historical data trend for KDM Shipping'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.

KDM Shipping Interest Expense Chart

KDM Shipping Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial -0.49 -0.07 -0.04 -0.27 -0.35

KDM Shipping Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -0.27 - - -0.35 -0.19

KDM Shipping 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was zł-0.5 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.


KDM Shipping  (WAR:KDM) 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.

KDM Shipping's Interest Expense for the six months ended in Jun. 2018 was zł-0.2 Mil. Its Operating Income for the six months ended in Jun. 2018 was zł2.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2018 was zł0.0 Mil.

KDM Shipping's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2018 )/Interest Expense (Q: Jun. 2018 )
=-1*2.573/-0.189
=13.61

* 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.


KDM Shipping (WAR:KDM) Business Description

Traded in Other Exchanges
N/A
Address
3 Michael Koutsofta Street, Limassol, CYP, 3031
KDM Shipping PLC is engaged in the shipping industry. It mainly focuses on the bulk river-sea freight in the Black, Azov and Mediterranean Sea regions. In addition, it is engaged in cargo freight, ship repair, and trading in grain, corn, oil and barley. The principal cargo of the company includes Grain, Metal Scrap, Sunflower seed meal, Bran, Fertilizers, and Cement.

KDM Shipping (WAR:KDM) Headlines

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