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US Helicopter (US Helicopter) Interest Expense : $-1.06 Mil (TTM As of Dec. 2007)


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What is US Helicopter Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. US Helicopter's interest expense for the six months ended in Dec. 2007 was $ -1.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2007 was $-1.06 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. US Helicopter's Operating Income for the six months ended in Dec. 2007 was $ -11.24 Mil. US Helicopter's Interest Expense for the six months ended in Dec. 2007 was $ -1.06 Mil. US Helicopter 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.


US Helicopter Interest Expense Historical Data

The historical data trend for US Helicopter'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.

US Helicopter Interest Expense Chart

US Helicopter Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Interest Expense
-0.02 -0.09 -0.45 -1.06

US Helicopter Semi-Annual Data
Dec04 Dec05 Dec06 Dec07
Interest Expense -0.02 -0.09 -0.45 -1.06

US Helicopter 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. 2007 was $-1.06 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.


US Helicopter  (OTCPK:USHP) 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.

US Helicopter's Interest Expense for the six months ended in Dec. 2007 was $-1.06 Mil. Its Operating Income for the six months ended in Dec. 2007 was $-11.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2007 was $4.98 Mil.

US Helicopter's Interest Coverage for the quarter that ended in Dec. 2007 is calculated as

US Helicopter 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.


US Helicopter (US Helicopter) Business Description

Traded in Other Exchanges
N/A
Address
The Company provides regularly scheduled helicopter shuttle service between many of the nation's metropolitan airports and surrounding city-based heliports.
Executives
Dean C Borgman director
Stephen T Wills director PALATIN TECHNOLOGIES, INC., 4B CEDAR BROOK DRIVE, CRANBURY NJ 08512

US Helicopter (US Helicopter) Headlines

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