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Recycling Asset Holdings (Recycling Asset Holdings) Interest Expense : $-0.91 Mil (TTM As of Sep. 2019)


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What is Recycling Asset Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Recycling Asset Holdings's interest expense for the three months ended in Sep. 2019 was $ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-0.91 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. Recycling Asset Holdings's Operating Income for the three months ended in Sep. 2019 was $ -1.22 Mil. Recycling Asset Holdings's Interest Expense for the three months ended in Sep. 2019 was $ -0.15 Mil. Recycling Asset Holdings 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.


Recycling Asset Holdings Interest Expense Historical Data

The historical data trend for Recycling Asset Holdings'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.

Recycling Asset Holdings Interest Expense Chart

Recycling Asset Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.85 -0.70 -0.51 -0.85 -1.25

Recycling Asset Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.29 -0.44 -0.16 -0.16 -0.15

Recycling Asset Holdings 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.91 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.


Recycling Asset Holdings  (NAS:IDSA) 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.

Recycling Asset Holdings's Interest Expense for the three months ended in Sep. 2019 was $-0.15 Mil. Its Operating Income for the three months ended in Sep. 2019 was $-1.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $8.61 Mil.

Recycling Asset Holdings's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Recycling Asset Holdings 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.


Recycling Asset Holdings (Recycling Asset Holdings) Business Description

Traded in Other Exchanges
N/A
Address
7100 Grade Lane, Louisville, KY, USA, 40213
Industrial Services of America Inc is a waste and recycling company in the United States. It is engaged in the buying, processing, and marketing of ferrous and non-ferrous metals and other recyclable commodities and buys used autos in order to sell used auto parts. The company's business activity falls within a single segment - The Recycling Segment, which provides ferrous and non-ferrous recycling in four locations in the Midwest. It has operating locations in Louisville, Kentucky, and Seymour and New Albany, Indiana.
Executives
Daniel M Rifkin 10 percent owner 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
David Treadway Russell director 1720 ENSLEY AVE, LOS ANGELES CA 90024

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