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Altitude International Holdings (Altitude International Holdings) Interest Expense : $-1.33 Mil (TTM As of Dec. 2022)


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What is Altitude International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Altitude International Holdings's interest expense for the three months ended in Dec. 2022 was $ -0.63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-1.33 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. Altitude International Holdings's Operating Income for the three months ended in Dec. 2022 was $ -5.96 Mil. Altitude International Holdings's Interest Expense for the three months ended in Dec. 2022 was $ -0.63 Mil. Altitude International 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.


Altitude International Holdings Interest Expense Historical Data

The historical data trend for Altitude International 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.

Altitude International Holdings Interest Expense Chart

Altitude International Holdings Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
-0.05 -0.02 -1.33

Altitude International Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 -0.18 -0.51 -0.63

Altitude International 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.33 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.


Altitude International Holdings  (OTCPK:ALTD) 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.

Altitude International Holdings's Interest Expense for the three months ended in Dec. 2022 was $-0.63 Mil. Its Operating Income for the three months ended in Dec. 2022 was $-5.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was $62.76 Mil.

Altitude International Holdings's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Altitude International 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.


Altitude International Holdings (Altitude International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4500 SE Pine Valley Street, Port Saint Lucie, FL, USA, 34952
Altitude International Holdings Inc is a holding company focused on a people-first, global wellness group through its operating subsidiaries which are comprised of multiple scalable related revenue streams that together create a vertically integrated high-performance sports, education, and technology group. It has three revenue streams: Sport Tuition Properties, Academic Tuition Properties, and Sport Technology Properties.
Executives
Keith Lee 10 percent owner 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Gt Investment Partners, Lp 10 percent owner 18952 MACARTHUR BLVD, SUITE 100, IRVINE CA 92612
Scott Del Mastro director, 10 percent owner 4500 SE PINE VALLEY STREET, PORT ST., LUCIE FL 34952
Gregory C. Breunich director, 10 percent owner, officer: CEO, Chairman, and Acting CFO 4500 SE PINE VALLY STREET, PORT ST. LUCIE FL 34952
David P Vincent director, 10 percent owner ASHWOOD PINES, CHURCH END, SHERFIELD ON LODDON, HANTS X0 RG27 0JB
Gregory C. Anthony director, 10 percent owner, officer: CCO and President 4500 SE PINE VALLEY STREET, PORT SAINT LUCIE FL 34952
Lesley Visser director 535 E. LAS OLAS BOULEVARD, SUITE 120, FORT LAUDERDALE FL 33301
Joseph B. Frost officer: C.O.O. 4210 S. OCEAN BLVD., APT. 2, HIGHLAND BEACH FL 33487
Greg Peter Whyte director 4500 SE PINE VALLEY STREET, PORT SAINT LUCIE FL 34952
Robert Kanuth director, 10 percent owner, officer: CEO 535 E. LAS OLAS BOULEVARD, SUITE 120, FORT LAUDERDALE FL 33301
Amy Karen Freedman 10 percent owner 308 KENMORE AVE., EDGEWATER MD 21037

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