NoFire Technologies (NoFire Technologies) Interest Expense : $-0.99 Mil (TTM As of May. 2010)

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What is NoFire Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NoFire Technologies's interest expense for the three months ended in May. 2010 was $ -0.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2010 was $-0.99 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. NoFire Technologies's Operating Income for the three months ended in May. 2010 was $ -0.28 Mil. NoFire Technologies's Interest Expense for the three months ended in May. 2010 was $ -0.16 Mil. NoFire Technologies 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.

NoFire Technologies Interest Expense Historical Data

The historical data trend for NoFire 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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NoFire Technologies Interest Expense Chart

NoFire Technologies Annual Data

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Interest Expense

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-0.65

NoFire Technologies Quarterly Data
	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Interest Expense	Get a 7-Day Free Trial															-0.16	-0.20	-0.22	-0.41	-0.16

NoFire 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 May. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.99 Mil.

NoFire Technologies (OTCPK:NFTI) 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.

NoFire Technologies's Interest Expense for the three months ended in May. 2010 was $-0.16 Mil. Its Operating Income for the three months ended in May. 2010 was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2010 was $0.00 Mil.

NoFire Technologies's Interest Coverage for the quarter that ended in May. 2010 is calculated as

NoFire Technologies did not have earnings to cover the interest expense.

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

NoFire Technologies (NoFire Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NoFire Technologies Inc (OTCPK:NFTI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

5 James Street, South Hackensack, NJ, USA, 07606

Website

https://www.nofire.com

NoFire Technologies Inc is engaged in the development of non-toxic and fire-retardant coatings and textile wrap systems. It serves residential, commercial, industrial, maritime, and military applications.

Executives

Andrew H Tisch

10 percent owner

667 MADISON AVE, NEW YORK NY 10021-8087

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