Thunder Energies (Thunder Energies) Interest Expense : $-0.46 Mil (TTM As of Mar. 2024)

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What is Thunder Energies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thunder Energies's interest expense for the three months ended in Mar. 2024 was $ -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.46 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. Thunder Energies's Operating Income for the three months ended in Mar. 2024 was $ -2.10 Mil. Thunder Energies's Interest Expense for the three months ended in Mar. 2024 was $ -0.08 Mil. Thunder Energies 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.

Thunder Energies Interest Expense Historical Data

The historical data trend for Thunder Energies'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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Thunder Energies Interest Expense Chart

Thunder Energies Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.49

-1.79

-3.98

-2.70

Thunder Energies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-2.33	-0.07	-0.21	-0.09	-0.08

Thunder Energies 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 $-0.46 Mil.

Thunder Energies (OTCPK:TNRG) 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.

Thunder Energies's Interest Expense for the three months ended in Mar. 2024 was $-0.08 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-2.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Thunder Energies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Thunder Energies did not have earnings to cover the interest expense.

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

Thunder Energies (Thunder Energies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Thunder Energies Corp (OTCPK:TNRG) » Definitions » Interest Expense

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Address

PMB 388, 8570 Stirling Road, Suite 102, Hollywood, FL, USA, 33024

Website

https://www.thunderenergiescorp.com

Thunder Energies Corp is engaged in increasing the shareholder value by divesting from its CBD/Hemp retail cannabidiol business model and expanding its investments footprint into the following business sectors to create a diversified portfolio of the following: 1) Diversified cash flowing assets such as fixed-income, 2) Commercial real estate projects that include resorts and associated timeshare and condo developments, 3) Entertainment venues including indoor outdoor water parks, family entertainment centers, adventure parks, 4) Residential real estate projects that include eco-friendly multi-family housing and Precious metal/mineral mining ventures.

Executives

Saveene Corp	10 percent owner	224 DATURA ST. #1015, WEST PALM BEACH FL 33401
Ruggero M Santilli	director, 10 percent owner, officer: Chief Executive Officer	35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Brian Keith Buckley	10 percent owner	4637 MURCROSS LN, NEW PORT RICHEY FL 34653
William George Gaines	officer: President, COO	1444 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Margaret Haberlin Currey	officer: Chief Executive Officer	1444 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Hadronic Technologies Press, Inc.	10 percent owner	35246 US HIGHWAY 19 NORTH, SUITE #215, PALM HARBOR FL 34684
R.m. Santilli Foundation, Inc.	10 percent owner	35246 US HIGHWAY 19 NORTH, SUITE #215, PALM HARBOR FL 34684
Global Beta, Llc	10 percent owner	150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Clean Energies Tech Co.	10 percent owner	35246 US 19 NORTH, SUITE 215, PALM HARBOR FL 34684
Carla Santilli	director, 10 percent owner, officer: Secretary, Treasurer	90 EASTWINDS CT., PALM HARBOR FL 34683