Infinite technology (Infinite technology) Interest Expense : $ Mil (TTM As of . 20)

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What is Infinite technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Infinite technology's interest expense for the three months ended in . 20 was $ 0.00 Mil. Infinite technology does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Infinite technology's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Infinite technology's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Infinite technology 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.

Infinite technology Interest Expense Historical Data

The historical data trend for Infinite technology'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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Infinite technology Interest Expense Chart

Infinite technology Annual Data

Trend

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Infinite technology Quarterly Data

Interest Expense

Infinite technology Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Infinite technology (OTCPK:ITCJ) 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.

Infinite technology's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Infinite technology's Interest Coverage for the quarter that ended in . 20 is calculated as

Infinite technology had no long-term debt ⁽¹⁾.

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

Infinite technology (Infinite technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Infinite technology Corp (OTCPK:ITCJ) » Definitions » Interest Expense

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Address

1431 Greenway Drive, Suite 800, Irving, TX, USA, 75038

Website

Infinite technology Corp is fitness and nutrition based company in Texas. The Company manufactures products for the health and fitness industries.

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