Horrison Resources (Horrison Resources) Interest Expense : $-0.02 Mil (TTM As of Dec. 2017)

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What is Horrison Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Horrison Resources's interest expense for the three months ended in Dec. 2017 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2017 was $-0.02 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. Horrison Resources's Operating Income for the three months ended in Dec. 2017 was $ -0.03 Mil. Horrison Resources's Interest Expense for the three months ended in Dec. 2017 was $ -0.02 Mil. Horrison Resources did not have earnings to cover the interest expense. 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.

Horrison Resources Interest Expense Historical Data

The historical data trend for Horrison Resources'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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Horrison Resources Interest Expense Chart

Horrison Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Interest Expense

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-0.01

-0.02

Horrison Resources Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.01	-0.02

Horrison Resources 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Horrison Resources (OTCPK:HRSR) 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.

Horrison Resources's Interest Expense for the three months ended in Dec. 2017 was $-0.02 Mil. Its Operating Income for the three months ended in Dec. 2017 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2017 was $0.00 Mil.

Horrison Resources's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Horrison Resources did not have earnings to cover the interest expense.

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

Horrison Resources (Horrison Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Horrison Resources Inc (OTCPK:HRSR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Hoi Bun Road, Unit L, 16th Floor, MG Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.hrsr.us

Horrison Resources Inc is engaged in planting, developing, researching, harvesting, cultivating, and growing plantations with a focus on Aquilaria species across the Asia regions.

Horrison Resources (Horrison Resources) Headlines

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