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Turbodyne Technologies (Turbodyne Technologies) Interest Expense : $-0.02 Mil (TTM As of Dec. 2010)


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What is Turbodyne Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Turbodyne Technologies's interest expense for the three months ended in Dec. 2010 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2010 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. Turbodyne Technologies's Operating Income for the three months ended in Dec. 2010 was $ 0.00 Mil. Turbodyne Technologies's Interest Expense for the three months ended in Dec. 2010 was $ 0.00 Mil. Turbodyne Technologies 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.


Turbodyne Technologies Interest Expense Historical Data

The historical data trend for Turbodyne 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.

* Premium members only.

Turbodyne Technologies Interest Expense Chart

Turbodyne Technologies Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.07 -0.09 -0.15 -0.03

Turbodyne Technologies Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Dec10 Dec11
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.02 -0.01 - -

Turbodyne 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 Dec. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.


Turbodyne Technologies  (GREY:TRBD) 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.

Turbodyne Technologies's Interest Expense for the three months ended in Dec. 2010 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2010 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2010 was $0.00 Mil.

Turbodyne Technologies's Interest Coverage for the quarter that ended in Dec. 2010 is calculated as

Turbodyne Technologies had no long-term debt (1).

* 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.


Turbodyne Technologies (Turbodyne Technologies) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, 17th Floor, New York, NY, USA, 10106
Turbodyne Technologies Inc designs and develops forced-air induction (air-charging) technologies that improve the performance of gas and diesel internal combustion engines.

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