NetPay International (NetPay International) Interest Expense : $-0.02 Mil (TTM As of Sep. 2021)

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What is NetPay International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NetPay International's interest expense for the three months ended in Sep. 2021 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 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. NetPay International's Operating Income for the three months ended in Sep. 2021 was $ -0.06 Mil. NetPay International's Interest Expense for the three months ended in Sep. 2021 was $ -0.01 Mil. NetPay International 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.

NetPay International Interest Expense Historical Data

The historical data trend for NetPay International'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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NetPay International Interest Expense Chart

NetPay International Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Interest Expense

-0.02

NetPay International Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Dec20	Mar21	Jun21	Sep21
Interest Expense	Get a 7-Day Free Trial															-0.01	-	-0.01	-0.01	-0.01

NetPay International 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

NetPay International (OTCPK:NTPY) 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.

NetPay International's Interest Expense for the three months ended in Sep. 2021 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2021 was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $0.00 Mil.

NetPay International's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

NetPay International did not have earnings to cover the interest expense.

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

NetPay International (NetPay International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NetPay International Inc (OTCPK:NTPY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Hamanofim Street, Herzliya Pituach, Herzliya, ISR, 46722562

Website

https://www.netpayin.com

NetPay International Inc is a United States based development stage company. It offers online payment gateway solutions. The company has developed powerful monitoring systems to ensure clients safety and prevent fraud risks.

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