Ecologix Resource Group (Ecologix Resource Group) Interest Expense : $-1.04 Mil (TTM As of Sep. 2010)

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What is Ecologix Resource Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecologix Resource Group's interest expense for the three months ended in Sep. 2010 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2010 was $-1.04 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. Ecologix Resource Group's Operating Income for the three months ended in Sep. 2010 was $ -0.12 Mil. Ecologix Resource Group's Interest Expense for the three months ended in Sep. 2010 was $ -0.04 Mil. Ecologix Resource Group 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.

Ecologix Resource Group Interest Expense Historical Data

The historical data trend for Ecologix Resource Group'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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Ecologix Resource Group Interest Expense Chart

Ecologix Resource Group Annual Data

Trend

Dec07

Dec08

Dec09

Interest Expense

-0.29

Ecologix Resource Group Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Interest Expense	Get a 7-Day Free Trial							-0.03	-0.25	-0.28	-0.47	-0.04

Ecologix Resource Group 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 Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.04 Mil.

Ecologix Resource Group (OTCPK:EXRG) 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.

Ecologix Resource Group's Interest Expense for the three months ended in Sep. 2010 was $-0.04 Mil. Its Operating Income for the three months ended in Sep. 2010 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2010 was $0.00 Mil.

Ecologix Resource Group's Interest Coverage for the quarter that ended in Sep. 2010 is calculated as

Ecologix Resource Group did not have earnings to cover the interest expense.

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

Ecologix Resource Group (Ecologix Resource Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ecologix Resource Group Inc (OTCPK:EXRG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212

Website

Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

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