Ossen Innovation Interest Expense:
0.6408M for Dec. 31, 2012Ossen Innovation Historical Interest Expense Data
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| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 0.6408M |
| Sept. 30, 2012 | 1.144M |
| June 30, 2012 | 0.8384M |
| March 31, 2012 | 0.9332M |
| Dec. 31, 2011 | 0.869M |
| Sept. 30, 2011 | 1.004M |
| June 30, 2011 | 0.7993M |
| March 31, 2011 | 0.8087M |
| Dec. 31, 2010 | 0.77M |
| Sept. 30, 2010 | 0.5978M |
| June 30, 2010 | 0.5375M |
| June 30, 2009 | 0.3695M |
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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OSN Interest Expense Benchmarks
| Companies | |
|---|---|
| Friedman Industries | 0.00 |
| ArcelorMittal | 1.341B |
| Handy & Harman | 8.446M |
OSN Interest Expense Rankings
| Overall |
55th percentile 3359 of 7590 |
| Sector |
44th percentile 236 of 428 in Basic Materials |
| Industry |
75th percentile 7 of 29 in Steel |
OSN Interest Expense Range, Past 5 Years
| Minimum | 0.3695M | Jun 2009 |
| Maximum | 1.144M | Sep 2012 |
| Average | 0.7760M |
