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Nitsba Holdings 1995 (XTAE:NTBA) Interest Expense : ₪ Mil (TTM As of Jun. 2013)


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What is Nitsba Holdings 1995 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nitsba Holdings 1995's interest expense for the six months ended in Jun. 2013 was ₪ -28.4 Mil. Nitsba Holdings 1995 does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2013.

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. Nitsba Holdings 1995's Operating Income for the six months ended in Jun. 2013 was ₪ 39.9 Mil. Nitsba Holdings 1995's Interest Expense for the six months ended in Jun. 2013 was ₪ -28.4 Mil. Nitsba Holdings 1995's Interest Coverage for the quarter that ended in Jun. 2013 was 1.41. 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.

Nitsba Holdings 1995 Interest Expense Historical Data

The historical data trend for Nitsba Holdings 1995'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.

Nitsba Holdings 1995 Interest Expense Chart

Nitsba Holdings 1995 Annual Data
Trend
Interest Expense

Nitsba Holdings 1995 Semi-Annual Data
Jun12 Jun13
Interest Expense -46.00 -28.35

Nitsba Holdings 1995 Interest Expense Calculation

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

Nitsba Holdings 1995  (XTAE:NTBA) 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.

Nitsba Holdings 1995's Interest Expense for the six months ended in Jun. 2013 was ₪-28.4 Mil. Its Operating Income for the six months ended in Jun. 2013 was ₪39.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2013 was ₪2,016.8 Mil.

Nitsba Holdings 1995's Interest Coverage for the quarter that ended in Jun. 2013 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2013 )/Interest Expense (Q: Jun. 2013 )
=-1*39.904/-28.354
=1.41

* 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.

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