GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » International Star Inc (OTCPK:ILST) » Definitions » Interest Expense

International Star (International Star) Interest Expense : $-0.12 Mil (TTM As of Sep. 2011)


View and export this data going back to . Start your Free Trial

What is International Star Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Star's interest expense for the three months ended in Sep. 2011 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2011 was $-0.12 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. International Star's Operating Income for the three months ended in Sep. 2011 was $ -0.08 Mil. International Star's Interest Expense for the three months ended in Sep. 2011 was $ -0.03 Mil. International Star 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.


International Star Interest Expense Historical Data

The historical data trend for International Star'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.

* Premium members only.

International Star Interest Expense Chart

International Star Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.03 -0.06 -0.08

International Star Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.02 -0.03 -0.03 -0.03

International Star 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 Mil.

* 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.


International Star  (OTCPK:ILST) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

International Star's Interest Expense for the three months ended in Sep. 2011 was $-0.03 Mil. Its Operating Income for the three months ended in Sep. 2011 was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2011 was $0.50 Mil.

International Star's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

International Star did not have earnings to cover the interest expense.

* 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.

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


International Star (International Star) Business Description

Traded in Other Exchanges
N/A
Address
8 The Green, Suite 13940, Dover, DE, USA, 19901
International Star Inc operates through its wholly owned subsidiary, Budding Equity Inc which owns and licenses intellectual property through contracts with movie studios and celebrities. The company structures licensing deals with third parties for cannabis-related products. The company also has joint venture partnerships with affiliates of Ice Cube and Kevin Smith for licensing and branding cannabis products. A core focus of ILST remains acquiring and developing businesses with high growth potential in the cannabis space and beyond.