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Renewable Energy & Power (Renewable Energy & Power) Interest Expense : $-2.05 Mil (TTM As of Jun. 2018)


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What is Renewable Energy & Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Renewable Energy & Power's interest expense for the three months ended in Jun. 2018 was $ -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was $-2.05 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. Renewable Energy & Power's Operating Income for the three months ended in Jun. 2018 was $ -0.07 Mil. Renewable Energy & Power's Interest Expense for the three months ended in Jun. 2018 was $ -0.24 Mil. Renewable Energy & Power 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.


Renewable Energy & Power Interest Expense Historical Data

The historical data trend for Renewable Energy & Power'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.

Renewable Energy & Power Interest Expense Chart

Renewable Energy & Power Annual Data
Trend Sep13 Sep14 Sep15 Sep16
Interest Expense
-0.02 -0.02 -0.02 -0.50

Renewable Energy & Power Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 -0.08 -1.11 -0.22 -0.49 -0.24

Renewable Energy & Power 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.05 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.


Renewable Energy & Power  (OTCPK:RBNW) 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.

Renewable Energy & Power's Interest Expense for the three months ended in Jun. 2018 was $-0.24 Mil. Its Operating Income for the three months ended in Jun. 2018 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2018 was $0.00 Mil.

Renewable Energy & Power's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Renewable Energy & Power 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.


Renewable Energy & Power (Renewable Energy & Power) Business Description

Traded in Other Exchanges
N/A
Address
55 Washington Street, Suite 703, Brooklyn, NY, USA, 11201
Renewable Energy & Power Inc is engaged in the retail and wholesale of footwear for the urban culture. It operates under the brand Lust for Life which employs a website with traffic driven by online marketing tools and techniques. The company derives the majority of its sales through its wholesale channel.

Renewable Energy & Power (Renewable Energy & Power) Headlines