Green Globe International (Green Globe International) Interest Expense : $0.00 Mil (TTM As of Sep. 2008)

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What is Green Globe International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Green Globe International's interest expense for the three months ended in Sep. 2008 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2008 was $0.00 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. Green Globe International's Operating Income for the three months ended in Sep. 2008 was $ -1.06 Mil. Green Globe International's Interest Expense for the three months ended in Sep. 2008 was $ 0.00 Mil. Green Globe International has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Green Globe International Interest Expense Historical Data

The historical data trend for Green Globe International'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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Green Globe International Interest Expense Chart

Green Globe International Annual Data

Trend

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Interest Expense

Green Globe International Quarterly Data
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Interest Expense	Get a 7-Day Free Trial														-	-	-	-	-

Green Globe International 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 Sep. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Green Globe International (OTCPK:GGII) 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.

Green Globe International's Interest Expense for the three months ended in Sep. 2008 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2008 was $-1.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2008 was $0.00 Mil.

Green Globe International's Interest Coverage for the quarter that ended in Sep. 2008 is calculated as

Green Globe International had no long-term debt ⁽¹⁾.

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

Green Globe International (Green Globe International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Green Globe International Inc (OTCPK:GGII) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8700 E Pinnacle Peak Road, Suite 210, Scottsdale, AZ, USA, 85255

Website

https://www.hempaccopackaging.com

Green Globe International Inc is a Hemp manufacturing company. It is engaged in the manufacturing and sales of CBD Hemp cigarettes. The company generates revenue from two streams- manufacturing and commercial product supply and white label development services.

Executives

David E Jenkins

director, 10 percent owner, officer: President

406 NORTH HERMOSA DRIVE, PALM SPRINGS CA 92262