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Virtutone Networks (Virtutone Networks) Interest Expense : $-0.51 Mil (TTM As of Oct. 2014)


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What is Virtutone Networks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Virtutone Networks's interest expense for the three months ended in Oct. 2014 was $ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2014 was $-0.51 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. Virtutone Networks's Operating Income for the three months ended in Oct. 2014 was $ -0.10 Mil. Virtutone Networks's Interest Expense for the three months ended in Oct. 2014 was $ -0.11 Mil. Virtutone Networks 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.


Virtutone Networks Interest Expense Historical Data

The historical data trend for Virtutone Networks'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.

Virtutone Networks Interest Expense Chart

Virtutone Networks Annual Data
Trend Mar06 Mar07 Mar08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.01 -0.02 -0.02 -0.01 -0.15

Virtutone Networks Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14
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 -0.08 -0.10 -0.23 -0.11

Virtutone Networks 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 Oct. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.51 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.


Virtutone Networks  (OTCPK:VRTWF) 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.

Virtutone Networks's Interest Expense for the three months ended in Oct. 2014 was $-0.11 Mil. Its Operating Income for the three months ended in Oct. 2014 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2014 was $0.03 Mil.

Virtutone Networks's Interest Coverage for the quarter that ended in Oct. 2014 is calculated as

Virtutone Networks did not have earnings to cover the interest expense.

* 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.


Virtutone Networks (Virtutone Networks) Business Description

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Virtutone Networks, Inc. is incorporated under the laws of the Province of Alberta. The Company is a provider of Voice over Internet Protocol, Fax over Internet Protocol, and related phone services to business and residential customers.

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