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Armor Designs (LSE:ADIS) Interest Expense : £-0.46 Mil (TTM As of Dec. 2013)


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What is Armor Designs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Armor Designs's interest expense for the six months ended in Dec. 2013 was £ -0.46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was £-0.46 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. Armor Designs's Operating Income for the six months ended in Dec. 2013 was £ -2.48 Mil. Armor Designs's Interest Expense for the six months ended in Dec. 2013 was £ -0.46 Mil. Armor Designs 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.


Armor Designs Interest Expense Historical Data

The historical data trend for Armor Designs'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.

Armor Designs Interest Expense Chart

Armor Designs Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.04 -0.07 -0.04 -0.18 -0.46

Armor Designs Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.04 -0.07 -0.04 -0.18 -0.46

Armor Designs Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2013 was £-0.46 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.


Armor Designs  (LSE:ADIS) 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.

Armor Designs's Interest Expense for the six months ended in Dec. 2013 was £-0.46 Mil. Its Operating Income for the six months ended in Dec. 2013 was £-2.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2013 was £0.36 Mil.

Armor Designs's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Armor Designs 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.


Armor Designs (LSE:ADIS) Business Description

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Armor Designs Inc was incorporated in Delaware on March 30, 2006. The Company is a designer, integrator and manufacturer of body and vehicular armor solutions for military, government and commercial sectors on a global basis. Its focus is primarily on introducing next generation armor based on patented Volumetrically Controlled Manufacturing (VCM) technology.

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