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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Interest Expense : $0.00 Mil (TTM As of Sep. 2015)


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What is Global-Tech Advanced Innovations Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global-Tech Advanced Innovations's interest expense for the six months ended in Sep. 2015 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 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. Global-Tech Advanced Innovations's Operating Income for the six months ended in Sep. 2015 was $ -5.47 Mil. Global-Tech Advanced Innovations's Interest Expense for the six months ended in Sep. 2015 was $ 0.00 Mil. Global-Tech Advanced Innovations 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.


Global-Tech Advanced Innovations Interest Expense Historical Data

The historical data trend for Global-Tech Advanced Innovations'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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Global-Tech Advanced Innovations Interest Expense Chart

Global-Tech Advanced Innovations Annual Data
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Interest Expense
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Global-Tech Advanced Innovations Semi-Annual Data
Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Mar09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15
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Global-Tech Advanced Innovations 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 Sep. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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.


Global-Tech Advanced Innovations  (NAS:GAI) 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.

Global-Tech Advanced Innovations's Interest Expense for the six months ended in Sep. 2015 was $0.00 Mil. Its Operating Income for the six months ended in Sep. 2015 was $-5.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2015 was $0.00 Mil.

Global-Tech Advanced Innovations's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Global-Tech Advanced Innovations 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.


Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Business Description

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Global-Tech Advanced Innovations Inc was organized as an international business company under the laws of the British Virgin Islands on May 2, 1991 and became a publicly traded entity on April 7, 1998. The Company was an exporter of small electrical appliances to North American and European markets. The Company produces complementary metal oxide semiconductor camera modules for sale to cellular phone manufacturers. The Company also comprises immaterial product lines and development programs. It continues to acquire new technologies in an effort to expand its capabilities in manufacturing finished products and components. Its patents are registered in various jurisdictions, including the United States, the United Kingdom, China and France. It competes with established companies in Hong Kong and China, a number of which have substantially greater technical, financial and marketing resources. Competition for contract manufacturing products is based on unit price, product quality and availability and service. Its operations and assets in China are subject to significant political, economic, legal and other uncertainties.

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