Reflect Scientific (Reflect Scientific) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)

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What is Reflect Scientific Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reflect Scientific's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. Reflect Scientific's Operating Income for the three months ended in Mar. 2024 was $ -0.04 Mil. Reflect Scientific's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. GuruFocus does not calculate Reflect Scientific'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.

Reflect Scientific Interest Expense Historical Data

The historical data trend for Reflect Scientific'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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Reflect Scientific Interest Expense Chart

Reflect Scientific Annual Data

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Interest Expense

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Reflect Scientific Quarterly Data
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Reflect Scientific 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Reflect Scientific (OTCPK:RSCF) 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.

Reflect Scientific's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.16 Mil.

Reflect Scientific's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Reflect Scientific's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Reflect Scientific Inc has enough cash to cover all of its debt. Its financial situation is stable.

Reflect Scientific (Reflect Scientific) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Reflect Scientific Inc (OTCPK:RSCF) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

1266 South 1380 West, Orem, UT, USA, 84058

Website

https://www.reflectscientific.com

Reflect Scientific Inc is engaged in the manufacture and distribution of products targeted at the life science market. The company serves a varies array of customers including hospitals and diagnostic laboratories, pharmaceutical and biotech companies, universities, government and private sector research facilities, and chemical and industrial companies. The products of the company are Cryometrix Freezers which provides energy savings and other critically important benefits to cryo-storage customers in the Life Science related industries, and detectors that serve the analytical instrumentation sector of the Life Sciences market. The company sells its products in the biotechnology, pharmaceutical, and medical industries.

Executives

Kim Boyce	director, 10 percent owner, officer: President	1266 SOUTH 1380 WEST, OREM UT 84058
Keith L Merrell	officer: CFO	1240 MUELLER PARK ROAD, BOUNTIFUL UT 84010
William G Moon	director	1266 SOUTH 1380 WEST, OREM UT 84058
David Scott Strate	officer: CFO	1270 S 1380 W, OREM UT 84058
Kevin Cooksy	officer: Secretary Treasurer	3161 GRANADA DRIVE, CAMERON PARK CA 95682
Craig Morrison	director	975 NORTH TERRACE DRIVE, PROVO UT 84604
Thomas A Tait	director, officer: Vice President	514 AMERICAS WAY #5556, BOX ELDER SD 57719