HK Battery Technology (HK Battery Technology) Interest Expense : $-0.03 Mil (TTM As of Mar. 2016)

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What is HK Battery Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HK Battery Technology's interest expense for the three months ended in Mar. 2016 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2016 was $-0.03 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. HK Battery Technology's Operating Income for the three months ended in Mar. 2016 was $ -1.11 Mil. HK Battery Technology's Interest Expense for the three months ended in Mar. 2016 was $ 0.00 Mil. HK Battery Technology has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

HK Battery Technology Interest Expense Historical Data

The historical data trend for HK Battery Technology'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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HK Battery Technology Interest Expense Chart

HK Battery Technology Annual Data

Trend

Dec06

Dec07

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Interest Expense

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-0.01

-0.04

-0.08

-0.06

HK Battery Technology Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.03	-	-	-

HK Battery Technology 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

HK Battery Technology (OTCPK:HKBT) 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.

HK Battery Technology's Interest Expense for the three months ended in Mar. 2016 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2016 was $-1.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2016 was $0.00 Mil.

HK Battery Technology's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

HK Battery Technology had no long-term debt ⁽¹⁾.

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

HK Battery Technology (HK Battery Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HK Battery Technology Inc (OTCPK:HKBT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101

Website

HK Battery Technology Inc is a development stage company.

Executives

John N Braca	director	C/O SENESCO TECHNOLOGIES INC, 303 GEORGE ST STE 420, NEW BRUNSWICK NJ 08901
David Rector	director, officer: CEO, President, Sec. & Treasur
David C. Mathewson	director, 10 percent owner, officer: President	1265 MESA DRIVE, FERNLEY NV 89408

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