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BorrowMoney.com (BorrowMoney.com) Interest Expense : $-0.02 Mil (TTM As of Feb. 2024)


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What is BorrowMoney.com Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BorrowMoney.com's interest expense for the three months ended in Feb. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.02 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. BorrowMoney.com's Operating Income for the three months ended in Feb. 2024 was $ -0.03 Mil. BorrowMoney.com's Interest Expense for the three months ended in Feb. 2024 was $ 0.00 Mil. GuruFocus does not calculate BorrowMoney.com's interest coverage with the available data. 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.

BorrowMoney.com Interest Expense Historical Data

The historical data trend for BorrowMoney.com'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.

BorrowMoney.com Interest Expense Chart

BorrowMoney.com Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial -0.02 -0.04 -0.04 -0.04 -0.04

BorrowMoney.com Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.01 -0.01 -0.01 - -

BorrowMoney.com 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.

BorrowMoney.com  (OTCPK:BWMY) 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.

BorrowMoney.com's Interest Expense for the three months ended in Feb. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.57 Mil.

BorrowMoney.com's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

GuruFocus does not calculate BorrowMoney.com's interest coverage with the available data.

* 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.

BorrowMoney.com (BorrowMoney.com) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BorrowMoney.com Inc (OTCPK:BWMY) » Definitions » Interest Expense
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THBD RAHGF DXF SUNL V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810 TSE:8593 BOM:543066 TPE:5871
Traded in Other Exchanges
N/A
Address
512 Bayshore Drive, Fort Lauderdale, FL, USA, 33304
Website
https://www.borrowmoney.com
BorrowMoney.com Inc operates an online loan marketplace for consumers seeking loans and other credit-based offerings. Its online marketplace provides consumers with access to product offerings from active lenders. It offers products in two categories including mortgage products and non-mortgage products. The mortgage products category includes the purchase and refinances products. Non-mortgage products include credit cards, personal loans, home equity loans, reverse mortgage loans, auto loans, small business loans, student loans, deposit accounts, home improvement referrals and other credit products such as credit repair and debt settlement.