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Pareteum (Pareteum) Interest Expense : $-9.16 Mil (TTM As of Mar. 2021)


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What is Pareteum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pareteum's interest expense for the three months ended in Mar. 2021 was $ -1.84 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $-9.16 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. Pareteum's Operating Income for the three months ended in Mar. 2021 was $ -10.17 Mil. Pareteum's Interest Expense for the three months ended in Mar. 2021 was $ -1.84 Mil. Pareteum 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.


Pareteum Interest Expense Historical Data

The historical data trend for Pareteum'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.

Pareteum Interest Expense Chart

Pareteum Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.81 -5.06 -0.49 -2.62 -9.14

Pareteum Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -1.83 -2.58 -3.37 -1.36 -1.84

Pareteum 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.16 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.


Pareteum  (OTCPK:TEUM) 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.

Pareteum's Interest Expense for the three months ended in Mar. 2021 was $-1.84 Mil. Its Operating Income for the three months ended in Mar. 2021 was $-10.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was $1.62 Mil.

Pareteum's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Pareteum 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.


Pareteum (Pareteum) Business Description

Traded in Other Exchanges
N/A
Address
1185 Avenue of the Americas, 2nd floor, New York, NY, USA, 10036
Pareteum Corp is a cloud software communications platform company. It provides services to enterprises, communications service providers, early-stage innovators, developers, Internet-of-Things (IoT), and telecommunications infrastructure providers. The firm provides mobility services, engagement. intelligence and control services.
Executives
Mary Beth Vitale director 821 17TH STREET, DENVER CO 80202
Greef Roderick De director
Francisco Ros director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Charles E Levine director
Jacques Kerrest director 7436 OLD MAPLE SQUARE, MCLEAN VA 22102-2817