Alabama Aircraft Industries (Alabama Aircraft Industries) Interest Expense : $-0.58 Mil (TTM As of Dec. 2008)

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What is Alabama Aircraft Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alabama Aircraft Industries's interest expense for the three months ended in Dec. 2008 was $ -0.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2008 was $-0.58 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. Alabama Aircraft Industries's Operating Income for the three months ended in Dec. 2008 was $ 0.08 Mil. Alabama Aircraft Industries's Interest Expense for the three months ended in Dec. 2008 was $ -0.19 Mil. Alabama Aircraft Industries's Interest Coverage for the quarter that ended in Dec. 2008 was 0.43. 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.

Alabama Aircraft Industries Interest Expense Historical Data

The historical data trend for Alabama Aircraft Industries'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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Alabama Aircraft Industries Interest Expense Chart

Alabama Aircraft Industries Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Interest Expense

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-0.60

-0.78

Alabama Aircraft Industries Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Interest Expense	Get a 7-Day Free Trial															-0.04	-	-0.19	-0.19	-0.19

Alabama Aircraft Industries 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 Dec. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.58 Mil.

Alabama Aircraft Industries (OTCPK:AAIIQ) 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.

Alabama Aircraft Industries's Interest Expense for the three months ended in Dec. 2008 was $-0.19 Mil. Its Operating Income for the three months ended in Dec. 2008 was $0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2008 was $5.00 Mil.

Alabama Aircraft Industries'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	*	0.083	/	-0.193
	=	0.43

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

Alabama Aircraft Industries (Alabama Aircraft Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Alabama Aircraft Industries Inc (OTCPK:AAIIQ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

1943 North 50th Street, Birmingham, AL, USA, 35212

Website

http://www.pemcoair.com

Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.

Executives

Hugh Steven Wilson	director	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Tennenbaum	director	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Robert Eugene Joyal	director	352 WARDNER ROAD, WEST WINDSOR VT 05089
Tennenbaum Capital Partners Llc	10 percent owner	2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Mark Holdsworth	director	140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Tennenbaum & Co Llc	10 percent owner	1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
Peter Thiel	other: See Footnote (1)	9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069

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