Idglobal (Idglobal) Interest Expense : $ Mil (TTM As of . 20)

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What is Idglobal Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Idglobal's interest expense for the three months ended in . 20 was $ 0.00 Mil. Idglobal does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Idglobal's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Idglobal's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Idglobal 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.

Idglobal Interest Expense Historical Data

The historical data trend for Idglobal'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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Idglobal Interest Expense Chart

Idglobal Annual Data

Trend

Interest Expense

Idglobal Quarterly Data

Interest Expense

Idglobal Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Idglobal (OTCPK:IDGC) 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.

Idglobal's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Idglobal's Interest Coverage for the quarter that ended in . 20 is calculated as

Idglobal had no long-term debt ⁽¹⁾.

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

Idglobal (Idglobal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Idglobal Corp (OTCPK:IDGC) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

4915 Main Street, Suite 3, Downers Grove, IL, USA, 60515

Website

https://www.idglobalcorp.io

Idglobal Corp is a USA based diversified holdings company. It is engaged in acquiring and consolidating the Smart City (IoT) 4.0 industry through smart lighting, energy consumption monitoring and efficiency services within the scope of Smart Cities, Energy & specialty IoT industries.