Alternet Systems (Alternet Systems) Interest Expense : $-0.01 Mil (TTM As of Jun. 2018)

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What is Alternet Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alternet Systems's interest expense for the three months ended in Jun. 2018 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was $-0.01 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. Alternet Systems's Operating Income for the three months ended in Jun. 2018 was $ -0.09 Mil. Alternet Systems's Interest Expense for the three months ended in Jun. 2018 was $ -0.01 Mil. Alternet Systems 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.

Alternet Systems Interest Expense Historical Data

The historical data trend for Alternet Systems'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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Alternet Systems Interest Expense Chart

Alternet Systems Annual Data

Trend

Dec06

Dec07

Dec08

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Dec11

Dec12

Dec13

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Dec15

Interest Expense

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-0.05

-0.25

-0.40

-0.11

-0.09

Alternet Systems Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Mar17	Jun17	Mar18	Jun18
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-0.02	-0.01	-0.01

Alternet Systems 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Alternet Systems (OTCPK:ALYI) 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.

Alternet Systems's Interest Expense for the three months ended in Jun. 2018 was $-0.01 Mil. Its Operating Income for the three months ended in Jun. 2018 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2018 was $0.00 Mil.

Alternet Systems's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Alternet Systems did not have earnings to cover the interest expense.

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

Alternet Systems (Alternet Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alternet Systems Inc (OTCPK:ALYI) » Definitions » Interest Expense

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Address

5057 Keller Springs Road, Suite 600, Addison, TX, USA, 75001

Website

https://www.otc-alyi.com

Alternet Systems Inc is engaged in digital payments and data analytics, micro-segmentation, and marketing intelligence. The company's target markets include the mass consumer goods, payments, financial services, and telecommunications sectors.