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QRS Music Technologies (QRS Music Technologies) Interest Expense : $0.00 Mil (TTM As of Mar. 2007)


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What is QRS Music Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. QRS Music Technologies's interest expense for the three months ended in Mar. 2007 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2007 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. QRS Music Technologies's Operating Income for the three months ended in Mar. 2007 was $ -0.34 Mil. QRS Music Technologies's Interest Expense for the three months ended in Mar. 2007 was $ 0.00 Mil. GuruFocus does not calculate QRS Music Technologies's interest coverage with the available data. 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.


QRS Music Technologies Interest Expense Historical Data

The historical data trend for QRS Music Technologies'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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QRS Music Technologies Interest Expense Chart

QRS Music Technologies Annual Data
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QRS Music Technologies Quarterly Data
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QRS Music Technologies 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. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.


QRS Music Technologies  (OTCPK:QRSM) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

QRS Music Technologies's Interest Expense for the three months ended in Mar. 2007 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2007 was $-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2007 was $0.61 Mil.

QRS Music Technologies's Interest Coverage for the quarter that ended in Mar. 2007 is calculated as

GuruFocus does not calculate QRS Music Technologies's interest coverage with the available data.

* 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.

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


QRS Music Technologies (QRS Music Technologies) Business Description

Traded in Other Exchanges
N/A
Address
269 Quaker Drive, Seneca, PA, USA, 16346
QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines