Berger Paints Jamaica (XJAM:BRG) Interest Expense : JMD Mil (TTM As of Dec. 2008)

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What is Berger Paints Jamaica Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Berger Paints Jamaica's interest expense for the six months ended in Dec. 2008 was JMD -8 Mil. Berger Paints Jamaica does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2008.

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. Berger Paints Jamaica's Operating Income for the six months ended in Dec. 2008 was JMD 1,527 Mil. Berger Paints Jamaica's Interest Expense for the six months ended in Dec. 2008 was JMD -8 Mil. Berger Paints Jamaica's Interest Coverage for the quarter that ended in Dec. 2008 was 192.83. 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.

Berger Paints Jamaica Interest Expense Historical Data

The historical data trend for Berger Paints Jamaica'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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Berger Paints Jamaica Interest Expense Chart

Berger Paints Jamaica Annual Data

Trend

Dec08

Interest Expense

-7.92

Berger Paints Jamaica Semi-Annual Data
	Dec08
Interest Expense	-7.92

Berger Paints Jamaica Interest Expense Calculation

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

Berger Paints Jamaica (XJAM:BRG) 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.

Berger Paints Jamaica's Interest Expense for the six months ended in Dec. 2008 was JMD-8 Mil. Its Operating Income for the six months ended in Dec. 2008 was JMD1,527 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2008 was JMD0 Mil.

Berger Paints Jamaica's Interest Coverage for the quarter that ended in Dec. 2008 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2008 )	/	Interest Expense (Q: Dec. 2008 )
	=	-1	*	1527.014	/	-7.919
	=	192.83

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

Berger Paints Jamaica (XJAM:BRG) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

256 Spanish Town Road, P O Box 8, Kingston, JAM, 11

Website

https://www.bergerpaintscaribbean.com

Berger Paints Jamaica Ltd is engaged in the manufacturing and distribution of paint and paint related products. The company's products and services include consumer service, protective coatings, marine paints and architectural and wood finishes. It offers paints, primers, textures, wood finishes, and light industrial finishes. It serves homes and institutions. The group has a strong presence in five regions of the world, including Middle East, South Asia, South East Asia, South Pacific, and the Caribbean, through its five corporate brands - Berger International, Asian Paints, SCIB Paints, Apco Coatings, Taubmans, and Kadisco.