Asset Acceptance Capital Corporation (AACC)

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6.69 +0.00  +0.00%   NASDAQ May 24, 1:59PM BATS Real time Currency in USD

Asset Acceptance Capital Corporation Interest Expense:

4.915M for March 31, 2013
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Asset Acceptance Capital Corporation Interest Expense Chart

    Asset Acceptance Capital Corporation Historical Interest Expense Data

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    March 31, 2013 4.915M
    Dec. 31, 2012 4.935M
    Sept. 30, 2012 5.137M
    June 30, 2012 5.368M
    March 31, 2012 5.327M
    Dec. 31, 2011 3.828M
    Sept. 30, 2011 2.632M
    June 30, 2011 2.640M
    March 31, 2011 2.660M
    Dec. 31, 2010 2.689M
    Sept. 30, 2010 2.997M
    June 30, 2010 2.889M
    March 31, 2010 2.628M
    Dec. 31, 2009 2.63M
    Sept. 30, 2009 2.425M
    June 30, 2009 2.472M
    March 31, 2009 2.642M
    Dec. 31, 2008 3.129M
    Sept. 30, 2008 3.301M
    June 30, 2008 3.250M
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    About Interest Expense

    When companies borrow money to expand or maintain their business operations, they must pay interest on the money that they borrow. The interest expense is the annual accrued amount of interest that the company paid (or sometimes will have to pay) to its creditors.

    A higher interest expense means that the company is paying more to its debtors. In general, a company's capital structure with a heavier debt focus will have higher interest expenses. Liquidity ratios such as EBIT/Interest Expense can help investors see if increasing Interest Expenses are problematic.

    YCharts includes both operating interest expense and non-operating interest expense in our numbers.
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    AACC Interest Expense Benchmarks

    Companies
    Encore Capital Group 6.54M
    MoneyGram International 17.40M
    Nicholas Financial 1.275M

    AACC Interest Expense Rankings

    Overall 47th percentile
    4201 of 8009
    Sector 16th percentile
    797 of 954 in Financial Services
    Industry 20th percentile
    34 of 43 in Credit Services

    AACC Interest Expense Range, Past 5 Years

    Minimum 2.425M Sep 2009
    Maximum 5.368M Jun 2012
    Average 3.425M