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


What is Altitude International Holdings Interest Expense?

Altitude International Holdings ALTD Interest Expense is $-1.33 Mil as of Dec. 2022.

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  (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 Interest Expense Historical Data

* Premium members only.

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.

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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1.33 Mil mean?
Altitude International Holdings (ALTD) has a Interest Expense of $-1.33 Mil as of Dec. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Altitude International Holdings and its competitors.
Is Altitude International Holdings' Interest Expense too high?
Altitude International Holdings' current Interest Expense is $-1.33 Mil.
How does Altitude International Holdings' Interest Expense compare to CNXA and BTDG?
Altitude International Holdings' Interest Expense of $-1.33 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Altitude International Holdings and its competitors. Altitude International Holdings's current Interest Expense is $-1.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude International Holdings stock overvalued right now?
Altitude International Holdings (ALTD) has a current Interest Expense of $-1.33 Mil. The current Interest Expense is $-1.33 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Altitude International Holdings (ALTD), the current Interest Expense is $-1.33 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Altitude International Holdings Business Description

Address 4500 SE Pine Valley Street, Port Saint Lucie, FL, USA, 34952
Altitude International Holdings Inc is a vertically integrated high-performance sports, education, and technology company. It owns and operates sports training and educational institutions, manufacture oxygen training chambers and manufacture atmospheric water generators.