GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TransGlobal Assets Inc (OTCPK:TMSH) » Definitions » Interest Expense

TransGlobal Assets (TransGlobal Assets) Interest Expense : $0.00 Mil (TTM As of Dec. 2011)


View and export this data going back to 2007. Start your Free Trial

What is TransGlobal Assets Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TransGlobal Assets's interest expense for the six months ended in Dec. 2011 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2011 was $0.00 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. TransGlobal Assets's Operating Income for the six months ended in Dec. 2011 was $ -0.54 Mil. TransGlobal Assets's Interest Expense for the six months ended in Dec. 2011 was $ 0.00 Mil. TransGlobal Assets has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

TransGlobal Assets Interest Expense Historical Data

The historical data trend for TransGlobal Assets'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.

TransGlobal Assets Interest Expense Chart

TransGlobal Assets Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense
- -0.03 -0.04 - -

TransGlobal Assets Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense - -0.03 -0.04 - -

TransGlobal Assets Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2011 was $0.00 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.

TransGlobal Assets  (OTCPK:TMSH) 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.

TransGlobal Assets's Interest Expense for the six months ended in Dec. 2011 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2011 was $-0.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2011 was $0.00 Mil.

TransGlobal Assets's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

TransGlobal Assets had no long-term debt (1).

* 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.

TransGlobal Assets (TransGlobal Assets) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TransGlobal Assets Inc (OTCPK:TMSH) » Definitions » Interest Expense
Comparable Companies
BOM:538597 BOM:540135 BOM:530557 BOM:530747 BOM:538423 BOM:531417 KAR:SLL WAR:WRL BOM:523062 BOM:537820 BOM:531650 BOM:526859 BOM:511728 CLDOF BOM:511577 BOM:511391 BOM:530581 WAR:DRF WAR:MRK BOM:512048
Traded in Other Exchanges
N/A
Address
810 Pony Express Road, Cheyenne, WY, USA, 82009
Website
https://www.transglobalassets.com
TransGlobal Assets Inc provides customers with a wide range of high-quality CBD & THC products from its organically grown Clones, Teens and Mothers. Its self-sustaining Hemp Ranch will be vertically integrated from acres allocated, to outdoor cultivation and indoor greenhouses, to warehouses for processing farm-grown hemp into textiles, hempcrete & plastics and processing all-natural products.