What is Major League Football Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Major League Football's interest expense for the
three
months ended in Jan. 2023 was $ -0.29 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jan. 2023 was $-1.28 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. Major League Football's Operating Income for the
three
months ended in Jan. 2023 was $ -0.53 Mil. Major League Football's Interest Expense for the
three
months ended in Jan. 2023 was $ -0.29 Mil.
Major League Football 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.
Major League Football 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 Jan. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.28 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.
Major League Football (OTCPK:MLFB) 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.
Major League Football's Interest Expense for the
three
months ended in Jan. 2023 was $-0.29 Mil. Its
Operating Income
for the
three
months ended in Jan. 2023 was $-0.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jan. 2023 was $0.00 Mil.
Major League Football's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as
| Major League Football 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.
Major League Football (Major League Football) Business Description
Traded in Other Exchanges
N/A
Address
15515 Lemon Fish Drive, Lakewood Ranch, FL, USA, 34202
Major League Football Inc is a United States-based company engaged in the operation of a professional spring football league. It is seeking to establish, develop and operate Major League Football (MLFB) as a professional spring football league in the United States.
Executives
| Richard E. Nichols |
officer: Chief Operating Officer |
22106 N LAS POSITAS DRIVE, SUN CITY WEST AZ 85375 |
| Stephen Thomas Videtich |
officer: VP Team Interface |
6317 W. CEDAR HILL RD., WEST JORDAN UT 84081 |
| Paul Mccarthy Michael |
officer: SVP Football Operations |
8349 COTTAGE ROAD P.O. BOX 65, BRANTINGHAM NY 13312 |
| William George Lyons |
officer: Chief Marketing Officer |
178 LAKESHORE DRIVE, MOORESVILLE NC 28117 |
| Kevin Dean Mclenithan |
officer: VP Sales, Marketing and IR |
12011 MOUNTBATTEN DR, TAMPA FL 33626 |
| Gregory Francis Campbell |
officer: Chief Financial Officer |
511 ISLAND WAY, CLEARWATER FL 33767 |
| John Joseph Coyne |
director, officer: Executive Vice President |
9822 NEW PARKE RD, TAMPA FL 33626 |
| Britt Terrell Jennings |
10 percent owner |
917 FAIRWAY DRIVE, MONROE GA 30655 |
| Francis J. Murtha |
officer: Senior Executive Vice Pres |
7319 RIVIERA COVE #7, LAKEWOOD RANCH FL 34202 |
| Sully Ivory Ulysses Iii |
officer: VP - Licensing |
6609 LEAFWOOD DRIVE, ANAHEIM CA 92807 |
| Chandler Wesley S. Ii |
officer: President, Secretary |
328 HEMLEB COURT, PINOLE CA 94564 |
| Thomas Joseph Marino |
director, officer: Exec. Chmn. of the Board |
354 CADDO DRIVE, MADISONVILLE LA 70447 |
| Richard Smith |
officer: Chief Operating Officer |
15 BROOKSIDE AVE., WESTPORT MA 02790 |
| Elliot Bellen |
10 percent owner |
11985 SOUTHERN BOULEVARD, SUITE 191, ROYAL PALM BEACH FL 33411 |
| New Bastion Development, Inc. |
10 percent owner |
125 SOUTH STATE ROAD 7, SUITE 104-275, WELLINGTON FL 33414 |
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