Porter Holding International (Porter Holding International) Interest Expense : $0.00 Mil (TTM As of Mar. 2022)

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What is Porter Holding International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Porter Holding International's interest expense for the three months ended in Mar. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 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. Porter Holding International's Operating Income for the three months ended in Mar. 2022 was $ -0.18 Mil. Porter Holding International's Interest Expense for the three months ended in Mar. 2022 was $ 0.00 Mil. Porter Holding International 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.

Porter Holding International Interest Expense Historical Data

The historical data trend for Porter Holding International'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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Porter Holding International Interest Expense Chart

Porter Holding International Annual Data

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Interest Expense

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Porter Holding International Quarterly Data
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Porter Holding International 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Porter Holding International (OTCPK:ULNV) 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.

Porter Holding International's Interest Expense for the three months ended in Mar. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2022 was $-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was $0.00 Mil.

Porter Holding International's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Porter Holding International had no long-term debt ⁽¹⁾.

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

Porter Holding International (Porter Holding International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Porter Holding International Inc (OTCPK:ULNV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 2010, Renmin South Road, 36th Floor, Shenzhen Development Center, Luohu District, Guangdong, Shenzhen, CHN, 518001

Website

http://www.cnporter.com

Porter Holding International Inc is a commercial platform provider that offers O2O (Network and Entity) Services and only focuses on commodities and merchants. It provides commodities and merchants with concrete platforms and operations in terms of online marketing coverage and offline marketing services. The company's operating segment includes Consulting services and Training services and others. It generates maximum revenue from Consulting services segment.

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