Promithian Global Ventures (Promithian Global Ventures) Interest Expense : $0.00 Mil (TTM As of Dec. 2009)

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What is Promithian Global Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Promithian Global Ventures's interest expense for the three months ended in Dec. 2009 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2009 was $0.00 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. Promithian Global Ventures's Operating Income for the three months ended in Dec. 2009 was $ -0.01 Mil. Promithian Global Ventures's Interest Expense for the three months ended in Dec. 2009 was $ 0.00 Mil. Promithian Global Ventures 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.

Promithian Global Ventures Interest Expense Historical Data

The historical data trend for Promithian Global Ventures'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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Promithian Global Ventures Interest Expense Chart

Promithian Global Ventures Annual Data

Trend

Mar09

Interest Expense

Promithian Global Ventures Quarterly Data
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Promithian Global Ventures 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 Dec. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Promithian Global Ventures (OTCPK:PGVI) 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.

Promithian Global Ventures's Interest Expense for the three months ended in Dec. 2009 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2009 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2009 was $0.00 Mil.

Promithian Global Ventures's Interest Coverage for the quarter that ended in Dec. 2009 is calculated as

Promithian Global Ventures had no long-term debt ⁽¹⁾.

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

Promithian Global Ventures (Promithian Global Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Promithian Global Ventures Inc (OTCPK:PGVI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

406 E. 300 S., Suite 149, Salt Lake City, UT, USA, 84111

Website

https://www.promithianglobalventures.com

Promithian Global Ventures Inc is a precious metals exploration, development, mining, and refining company. The company focuses on gold and silver assets in Nevada, USA, and Yukon, Canada. the company is currently having its aboso project going on where the focus is on gold mining and refining in different areas.

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