Aqua Power Systems (Aqua Power Systems) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)

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What is Aqua Power Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aqua Power Systems's interest expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Aqua Power Systems's Operating Income for the three months ended in Sep. 2022 was $ -0.02 Mil. Aqua Power Systems's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Aqua Power Systems 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.

Aqua Power Systems Interest Expense Historical Data

The historical data trend for Aqua Power Systems'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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Aqua Power Systems Interest Expense Chart

Aqua Power Systems Annual Data

Trend

Apr12

Apr13

Mar15

Mar21

Interest Expense

-0.07

Aqua Power Systems Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Jun14	Sep14	Dec14	Mar15	Jun15	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial															-0.01	-	-	-	-

Aqua Power Systems 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Aqua Power Systems (OTCPK:APSI) 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.

Aqua Power Systems's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

Aqua Power Systems's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Aqua Power Systems had no long-term debt ⁽¹⁾.

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

Aqua Power Systems (Aqua Power Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aqua Power Systems Inc (OTCPK:APSI) » Definitions » Interest Expense

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Address

2180 Park Avenue North, Unit 200, Winter Park, FL, USA, 32789

Website

https://www.aquapowersystemsinc.com

Aqua Power Systems Inc provides efficient and reliable logistics and transportation solutions.

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