Sustainable Green Team (Sustainable Green Team) Interest Expense : $-5.82 Mil (TTM As of Mar. 2024)

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What is Sustainable Green Team Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sustainable Green Team's interest expense for the three months ended in Mar. 2024 was $ -1.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.82 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. Sustainable Green Team's Operating Income for the three months ended in Mar. 2024 was $ -1.76 Mil. Sustainable Green Team's Interest Expense for the three months ended in Mar. 2024 was $ -1.22 Mil. Sustainable Green Team 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.

Sustainable Green Team Interest Expense Historical Data

The historical data trend for Sustainable Green Team'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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Sustainable Green Team Interest Expense Chart

Sustainable Green Team Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.51

-2.18

-5.61

Sustainable Green Team Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial					-1.02	-1.28	-1.89	-1.43	-1.22

Sustainable Green Team 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.82 Mil.

Sustainable Green Team (OTCPK:SGTM) 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.

Sustainable Green Team's Interest Expense for the three months ended in Mar. 2024 was $-1.22 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Sustainable Green Team's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Sustainable Green Team did not have earnings to cover the interest expense.

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

Sustainable Green Team (Sustainable Green Team) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sustainable Green Team Ltd (OTCPK:SGTM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

24200 County RD 561, Astatula, FL, USA, 34705

Website

https://www.thesustainablegreenteam.com

Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.