Genetic Technologies Interest Expense
Genetic Technologies Historical Interest Expense Data
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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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GENE Interest Expense Benchmarks
| Companies | |
|---|---|
| Rosetta Genomics | 0.019M |
| Agilent Technologies | 25.00M |
| BG Medicine | 0.304M |
GENE Interest Expense Range, Past 5 Years
| Minimum | 0.00 | Jun 2008 |
| Maximum | 0.0379M | Jun 2009 |
| Average | 0.0076M |
