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HQ Global Education (HQ Global Education) Interest Expense : $-0.08 Mil (TTM As of Nov. 2011)


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What is HQ Global Education Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HQ Global Education's interest expense for the three months ended in Nov. 2011 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2011 was $-0.08 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. HQ Global Education's Operating Income for the three months ended in Nov. 2011 was $ 5.58 Mil. HQ Global Education's Interest Expense for the three months ended in Nov. 2011 was $ -0.01 Mil. HQ Global Education's Interest Coverage for the quarter that ended in Nov. 2011 was 697.88. 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.


HQ Global Education Interest Expense Historical Data

The historical data trend for HQ Global Education'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.

HQ Global Education Interest Expense Chart

HQ Global Education Annual Data
Trend Feb08 Feb09 Aug10
Interest Expense
- - -0.11

HQ Global Education Quarterly Data
Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11
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 -0.04 -0.03 -0.02 -0.02 -0.01

HQ Global Education 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 Nov. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 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.


HQ Global Education  (OTCPK:HQGE) 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.

HQ Global Education's Interest Expense for the three months ended in Nov. 2011 was $-0.01 Mil. Its Operating Income for the three months ended in Nov. 2011 was $5.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2011 was $0.68 Mil.

HQ Global Education's Interest Coverage for the quarter that ended in Nov. 2011 is calculated as

Interest Coverage=-1* Operating Income (Q: Nov. 2011 )/Interest Expense (Q: Nov. 2011 )
=-1*5.583/-0.008
=697.88

* 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.


HQ Global Education (HQ Global Education) Business Description

Traded in Other Exchanges
N/A
Address
333 City Boulevard West, Suite 1700, Orange, CA, USA, 92868
HQ Global Education Inc is the provider of comprehensive film and TV production services. The company offers a wide array of film and TV production resources for small Indie productions through to full theatrical projects. Its products and services include film and television; producing; financing; and optioning.

HQ Global Education (HQ Global Education) Headlines

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