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AGL Resources (AGL Resources) Interest Expense : $-176 Mil (TTM As of Mar. 2016)


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What is AGL Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AGL Resources's interest expense for the three months ended in Mar. 2016 was $ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2016 was $-176 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. AGL Resources's Operating Income for the three months ended in Mar. 2016 was $ 348 Mil. AGL Resources's Interest Expense for the three months ended in Mar. 2016 was $ -47 Mil. AGL Resources's Interest Coverage for the quarter that ended in Mar. 2016 was 7.40. 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.


AGL Resources Interest Expense Historical Data

The historical data trend for AGL Resources'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.

AGL Resources Interest Expense Chart

AGL Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -136.00 -184.00 -181.00 -179.00 -173.00

AGL Resources Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -44.00 -42.00 -42.00 -45.00 -47.00

AGL Resources 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-176 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.


AGL Resources  (NYSE:GAS) 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.

AGL Resources's Interest Expense for the three months ended in Mar. 2016 was $-47 Mil. Its Operating Income for the three months ended in Mar. 2016 was $348 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2016 was $3,273 Mil.

AGL Resources's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2016 )/Interest Expense (Q: Mar. 2016 )
=-1*348/-47
=7.40

* 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.


AGL Resources (AGL Resources) Business Description

Traded in Other Exchanges
N/A
Address
AGL Resources Inc was incorporated on November 27, 1995 under the laws of the State of Georgia. It is an energy services holding company. The Company is engaged in the distribution of natural gas in seven states; Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee and Maryland through its seven natural gas distribution utilities. The Company's business segments are Distribution Operations, Retail Operations, Wholesale Services and Midstream Operations. The distribution operations segment includes seven natural gas local distribution utilities with a focus of providing safe and reliable delivery of natural gas. The retail operations segment serves natural gas commodity customers and service contracts. The wholesale services segment is engaged in asset management and optimization, storage, transportation, producer and peaking services and wholesale marketing of natural gas across the U.S. and Canada. Wholesale services utilizes a portfolio of natural gas storage assets, contracted supply from all of the main producing regions, as well as contracted storage and transportation capacity to provide these services to its customers. The midstream operations segment includes a number of businesses that are related and complementary to its primary business. The Company competes with electric utilities and fuel oil and propane providers serving the residential, commercial and industrial markets and natural gas facilities. The Company's business is subject to substantial regulation by federal, state and local regulatory authorities.
Executives
Bettina M Whyte director 9 W 57TH ST 34TH FLR, NEW YORK NY 10019
Dennis M Love director TEN PEACHTREE PLACE, DEPT. 1466, ATLANTA GA 30309
Dean R Ohare director 15 MOUNTAIN VIEW ROAD, WARREN NJ 07059
Norman Bobins director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Brenda J Gaines director 1445 ROSS AVENUE, SUITE 1400, DALLAS TX 75202
James A Rubright director 3435 WOODHAVEN RD NW, ATLANTA GA 30305
Sandra N Bane director
Henry C Wolf director NORFOLK SOUTHERN CORP, THREE COMMERCIAL PLACE, NORFOLK VA 23510-9219
Andrew W Evans director, officer: President & CEO TEN PEACHTREE PLACE, LOC. 1466, ATLANTA GA 30309
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
Bell Thomas D Jr director
Armando J Olivera director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Arthur E Johnson director IKON OFFICE SOLUTIONS INC, 70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John Rau director MIAMI CORPORATION, 410 N. MICHIGAN AVENUE, ROOM 590, CHICAGO IL 60611
Somerhalder John W Ii director, officer: Chairman and CEO 76 SOUTH MAIN STREET, AKRON OH 44308

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