Bitech Technologies (Bitech Technologies) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

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What is Bitech Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bitech Technologies's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Bitech Technologies's Operating Income for the three months ended in Dec. 2023 was $ -0.22 Mil. Bitech Technologies's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Bitech 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.

Bitech Technologies Interest Expense Historical Data

The historical data trend for Bitech 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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Bitech Technologies Interest Expense Chart

Bitech Technologies Annual Data

Trend

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Dec23

Interest Expense

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-0.07

-0.03

Bitech Technologies Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Bitech 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Bitech Technologies (OTCPK:BTTC) 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.

Bitech Technologies's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Bitech Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

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

Good Sign:

Bitech Technologies Corp has no debt.

Bitech Technologies (Bitech Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bitech Technologies Corp (OTCPK:BTTC) » Definitions » Interest Expense

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Address

895 Dove Street, Suite 300, Newport Beach, CA, USA, 92660

Website

https://www.bitech.tech

Bitech Technologies Corp is a technology solution provider dedicated to providing a suite of green energy solutions with a focus on cryptocurrency mining, data centers, commercial and residential utility, electric vehicle, and other renewable energy initiatives.

Executives

Gregory Daniel Trimarche	director	535 ANTON BLVD,, SUITE 1000, COSTA MESA CA 92626
Benjamin B Tran	director, 10 percent owner, officer: Chief Executive Officer	49 MONTEREY PINE DR., NEWPORT COAST CA 92657
Michael Hanh Cao	director, 10 percent owner	7208 WEST SAND LAKE RD,, SUITE 305, ORLANDO FL 32819
Calvin Cao	10 percent owner	2203 N LOIS AVENUE 9TH FL, TAMPA FL 33607
Robert J Brilon	officer: Chief Financial Officer	1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
William Donovan	director, 10 percent owner, officer: CEO	903 CREEKWOOD WAY, HOUSTON TX 77024
Jeffrey A Cronk	director	5225 KATY FREEWAY, SUITE 600, HOUSTON TX 77007
Lpd Investments, Ltd	10 percent owner	25025 I45 NORTH, THE WOODLANDS TX 77380
Peter L Dalrymple	director, 10 percent owner	13451 BELHAVEN DRIVE, HOUSTON TX 77069
John R Bergeron	director	7411 SONGWIND, SPING TX 77379
William A Lawrence	director	6 RILLWOOD PLACE, THE WOODLANDS TX 77382
Eric K Groteke	officer: CTO	2495 ENTERPRISE ROAD, SUITE 104, CLEARWATER FL 33763
Jerry W. Bratton	director	P.O. BOX 541716, DALLAS TX 75354
Franklin Arthur Rose	director	1121-16 UPTOWN PARK BLVD, HOUSTON TX 77056
John A. Talamas	other: Former COO	54 HILLOCK WOODS DRIVE, THE WOODLANDS TX 77380