Excel (EXCC) Interest Expense : $-2.42 Mil (TTM As of Jun. 2017)

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What is Excel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Excel's interest expense for the three months ended in Jun. 2017 was $ -0.79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was $-2.42 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. Excel's Operating Income for the three months ended in Jun. 2017 was $ -0.59 Mil. Excel's Interest Expense for the three months ended in Jun. 2017 was $ -0.79 Mil. Excel 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.

Excel Interest Expense Historical Data

The historical data trend for Excel'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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Excel Interest Expense Chart

Excel Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Interest Expense

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-0.39

-0.37

-1.56

Excel Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Interest Expense	Get a 7-Day Free Trial															-0.28	-0.31	-0.64	-0.69	-0.79

Excel 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.42 Mil.

Excel (OTCPK:EXCC) 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.

Excel's Interest Expense for the three months ended in Jun. 2017 was $-0.79 Mil. Its Operating Income for the three months ended in Jun. 2017 was $-0.59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was $0.00 Mil.

Excel's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Excel did not have earnings to cover the interest expense.

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

Excel (EXCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excel Corp (OTCPK:EXCC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6363 North State Highway 161, Suite 310, Irving, TX, USA, 75038

Website

http://www.excelcorpusa.com

Excel Corp provides financial and transaction processing services to small and medium-sized businesses throughout the United States. Its primary operations focus on the merchant processing and servicing business as a single source provider for virtually all types of merchant payment processing needs. Through its subsidiary it offers merchant account processing solutions, together with the latest physical site and cloud-based technologies, designed to meet the needs of each industry segment the company services, and offer a variety of credit, debit, gift, and loyalty card processing options and equipment to scale with the distinctive business plans of each client. Geographically activities are performed through Denmark, US.

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