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Baker Hughes (XSWX:BHI) Interest Expense : CHF-156 Mil (TTM As of Mar. 2017)


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What is Baker Hughes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Baker Hughes's interest expense for the three months ended in Mar. 2017 was CHF -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2017 was CHF-156 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. Baker Hughes's Operating Income for the three months ended in Mar. 2017 was CHF -30 Mil. Baker Hughes's Interest Expense for the three months ended in Mar. 2017 was CHF -35 Mil. Baker Hughes 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.


Baker Hughes Interest Expense Historical Data

The historical data trend for Baker Hughes'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.

Baker Hughes Interest Expense Chart

Baker Hughes Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -193.47 -209.03 -226.27 -215.94 -181.45

Baker Hughes Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -53.96 -46.54 -37.96 -36.70 -35.05

Baker Hughes 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 Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-156 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.


Baker Hughes  (XSWX:BHI) 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.

Baker Hughes's Interest Expense for the three months ended in Mar. 2017 was CHF-35 Mil. Its Operating Income for the three months ended in Mar. 2017 was CHF-30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2017 was CHF2,888 Mil.

Baker Hughes's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Baker Hughes 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.


Baker Hughes (XSWX:BHI) Business Description

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Baker Hughes is one of the world's largest integrated oil services providers. Its largest end market is North America, and thus its fortunes are strongly leveraged to U.S. shale activity. By the end of 2017, the firm is set to combine with General Electric's oil and gas division, which is more leveraged to offshore developments, as well as nonupstream energy markets such as liquefied natural gas and refining.

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