Ultrack Systems (Ultrack Systems) Interest Expense : $ Mil (TTM As of . 20)

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What is Ultrack Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ultrack Systems's interest expense for the three months ended in . 20 was $ 0.00 Mil. Ultrack Systems 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. Ultrack Systems's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Ultrack Systems's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Ultrack Systems 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.

Ultrack Systems Interest Expense Historical Data

The historical data trend for Ultrack Systems'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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Ultrack Systems Interest Expense Chart

Ultrack Systems Annual Data

Trend

Interest Expense

Ultrack Systems Quarterly Data

Interest Expense

Ultrack Systems Interest Expense Calculation

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

Ultrack Systems (OTCPK:MJLB) 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.

Ultrack Systems'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.

Ultrack Systems's Interest Coverage for the quarter that ended in . 20 is calculated as

Ultrack Systems had no long-term debt ⁽¹⁾.

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

Ultrack Systems (Ultrack Systems) Business Description

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Address

11 Buttermill Avenue, Concord, ON, CAN, L4K 3X1

Website

https://www.ultrack.ca

Ultrack Systems Inc helps its clients locate, track, and manage their assets using wireless and GPS-based technologies. It provides an accurate and affordable means of tracking moving assets. Its compact trackers and easy-to-use tracking software allow the monitor or track any asset virtually anywhere in the world. This kind of application results in improved security, productivity, and customer service. Each vehicle outfitted with a unit can be seen from a virtual map platform and managing a fleet of vehicles becomes easy, efficient, and effortless. This tool is useful in determining the quality of the driver behind the wheel and who is an asset or a liability to the company.

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