Meridian AD (XBLB:MRDN-R-A) Interest Expense : BAM-0.16 Mil (TTM As of Dec. 2013)

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What is Meridian AD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meridian AD's interest expense for the six months ended in Dec. 2013 was BAM -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was BAM-0.16 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. Meridian AD's Operating Income for the six months ended in Dec. 2013 was BAM 0.44 Mil. Meridian AD's Interest Expense for the six months ended in Dec. 2013 was BAM -0.09 Mil. Meridian AD's Interest Coverage for the quarter that ended in Dec. 2013 was 5.13. 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.

Meridian AD Interest Expense Historical Data

The historical data trend for Meridian AD'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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Meridian AD Interest Expense Chart

Meridian AD Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Interest Expense

-0.22

-0.16

Meridian AD Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Dec14
Interest Expense	Get a 7-Day Free Trial			-0.08	-0.08	-0.08	-0.09	-

Meridian AD 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. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was BAM-0.16 Mil.

Meridian AD (XBLB:MRDN-R-A) 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.

Meridian AD's Interest Expense for the six months ended in Dec. 2013 was BAM-0.09 Mil. Its Operating Income for the six months ended in Dec. 2013 was BAM0.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2013 was BAM0.84 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2013 )	/	Interest Expense (Q: Dec. 2013 )
	=	-1	*	0.436	/	-0.085
	=	5.13

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

Meridian AD (XBLB:MRDN-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Meridian AD (XBLB:MRDN-R-A) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veselina Maslese 21/II, Banja Luka, BIH, 78000

Website

http://www.meridianbl.com

Meridian AD operates in integrated shipping and logistics industry in Bosnia and Herzegovina. The services offered by the company include organization of transport, collective transport, customs brokerage, storage of goods, and consulting.

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