Earth Science Tech (Earth Science Tech) Interest Expense : $-0.07 Mil (TTM As of Dec. 2023)

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What is Earth Science Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Earth Science Tech's interest expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.07 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. Earth Science Tech's Operating Income for the three months ended in Dec. 2023 was $ 0.23 Mil. Earth Science Tech's Interest Expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Earth Science Tech's Interest Coverage for the quarter that ended in Dec. 2023 was 16.50. 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.

Earth Science Tech Interest Expense Historical Data

The historical data trend for Earth Science Tech'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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Earth Science Tech Interest Expense Chart

Earth Science Tech Annual Data

Trend

Mar13

Mar14

Mar15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.08

-0.32

-0.08

-0.09

-0.05

Earth Science Tech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.01	-0.01	-0.04	-0.01

Earth Science Tech 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 $-0.07 Mil.

Earth Science Tech (OTCPK:ETST) 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.

Earth Science Tech's Interest Expense for the three months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was $0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.26 Mil.

Earth Science Tech's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	0.231	/	-0.014
	=	16.50

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

Earth Science Tech (Earth Science Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Earth Science Tech Inc (OTCPK:ETST) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8950 SW 74th CT, Suite 101, Miami, FL, USA, 33156

Website

https://www.earthsciencetech.com

Earth Science Tech Inc is a diversified holding company. Currently, the company is focused on emerging prospects in the health and wellness industry.

Executives

Giorgio R. Saumat	director	449 ESPLANADE DR, MIAMI SPRINGS FL 33166
Majorca Group, Ltd.	10 percent owner	1621 CENTRAL AVE, CHEYENNE WY 90501
David Barbash	officer: Chief Sales Officer	109 SWIFT CREEK CROSSING, DURHAM NC 27713
Nickolas Salomon Tabraue	director, officer: President & Chairman	4100 SALZEDO STREET, UNIT 420, CORAL GABLES FL 33146
Wendell Hecker	officer: CFO	2606 NW 104 TH AVE #410, SUNRISE FL 33322
Gregg Gagan Hunter	director, officer: COO & Director	774 86TH STREET, MIAMI FL 33138
Michel Aube	officer: CEO & CSO	8837,RUE DE CHAMP D'EAU, MONTR?AL A8 HIP 3A6
Matthew Cohen	officer: CEO & CFO	1702 COSTA DEL SOL, BOCA RATON FL 33432
Thomas H Wright	director, officer: Chief Operating Officer	1600 SOUTH DIXIE HWY., SUITE 300, BOCA RATON FL 33432
Harvey Katz	officer: CEO	2255 GLADES ROAD, #324A, BOCA RATON FL 33431
Issa El-cheikh	director, officer: President	40 EAST MAIN STREET #998, NEWARK DE 19711
Great Lakes Holdings Group, Llc	10 percent owner	3825 HUNTINGTON AVENUE, WINDSOR A6 N9E3N4