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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Precision Castparts's interest expense for the three months ended in Sep. 2015 was $ -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-88 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. Precision Castparts's Operating Income for the three months ended in Sep. 2015 was $ 548 Mil. Precision Castparts's Interest Expense for the three months ended in Sep. 2015 was $ -33 Mil. Precision Castparts's Interest Coverage for the quarter that ended in Sep. 2015 was 16.61. 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.
The historical data trend for Precision Castparts'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.
Precision Castparts Annual Data | |||||||||||||||||||||
Trend | Mar06 | Mar07 | Mar08 | Mar09 | Mar10 | Mar11 | Mar12 | Mar13 | Mar14 | Mar15 | |||||||||||
Interest Expense | Get a 7-Day Free Trial | -13.50 | -12.80 | -38.00 | -76.00 | -69.00 |
Precision Castparts Quarterly Data | ||||||||||||||||||||
Dec10 | Mar11 | Jun11 | Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | |
Interest Expense | Get a 7-Day Free Trial | -17.00 | -17.00 | -18.00 | -20.00 | -33.00 |
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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-88 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.
Precision Castparts (NYSE:PCP) 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.
Precision Castparts's Interest Expense for the three months ended in Sep. 2015 was $-33 Mil. Its Operating Income for the three months ended in Sep. 2015 was $548 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was $4,491 Mil.
Precision Castparts's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as
Interest Coverage | = | -1 | * | Operating Income (Q: Sep. 2015 ) | / | Interest Expense (Q: Sep. 2015 ) |
= | -1 | * | 548 | / | -33 | |
= | 16.61 |
* 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.
Ulrich Schmidt | director | PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239 |
Richard L Wambold | director | C/O PACTIV CORP, 1900 W FIELD COURT, LAKE FOREST IL 60045 |
Lester L Lyles | director | C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432 |
Timothy A Wicks | director | C/O PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239 |
Andrew Masterman | officer: EVP, Pres. Wyman-Gordon | 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646 |
Kevin M Stein | officer: Exec VP | TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
Steven G Rothmeier | director | C/O E.W BLANCH HOLDINGS INC, 500 N. AKARD #4500, DALLAS TX 75201 |
Russell S Pattee | officer: VP and Corporate Controller | PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239 |
Chris Ayers | officer: Exec. VP, Pres. PCC Forgings | 4650 S.W. MACADAM, SUITE #440, PORTLAND OR 97239 |
William D Larsson | officer: Sr. VP and CFO | 35 SHARPS CIRCLE, RENO NV 89519 |
Byron O Pond | director | C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730-1409 |
Wayne F Robbins | officer: President; PCC Flow Technologi | 4650 SW MACADAM, STE 440, PORTLAND OR 97239 |
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