GURUFOCUS.COM » STOCK LIST » Technology » Software » APT Systems Inc (OTCPK:APTY) » Definitions » Interest Expense

APT Systems (APT Systems) Interest Expense : $-0.33 Mil (TTM As of Oct. 2018)


View and export this data going back to 2014. Start your Free Trial

What is APT Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. APT Systems's interest expense for the three months ended in Oct. 2018 was $ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2018 was $-0.33 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. APT Systems's Operating Income for the three months ended in Oct. 2018 was $ -0.23 Mil. APT Systems's Interest Expense for the three months ended in Oct. 2018 was $ -0.10 Mil. APT Systems 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.

APT Systems Interest Expense Historical Data

The historical data trend for APT 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.

* Premium members only.

APT Systems Interest Expense Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Interest Expense
Get a 7-Day Free Trial - -0.01 -0.07 -0.14 -0.20

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.15 -0.05 -0.04 -0.10

APT 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 Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.33 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.

APT Systems  (OTCPK:APTY) 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.

APT Systems's Interest Expense for the three months ended in Oct. 2018 was $-0.10 Mil. Its Operating Income for the three months ended in Oct. 2018 was $-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2018 was $0.00 Mil.

APT Systems's Interest Coverage for the quarter that ended in Oct. 2018 is calculated as

APT Systems 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.

APT Systems (APT Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » APT Systems Inc (OTCPK:APTY) » Definitions » Interest Expense
Comparable Companies
TSXV:IVI CLIS XSAT:MENU B BOM:539570 LSE:MOS AVOI BOM:531489 WAR:MGA ISGN WAR:IMG BOM:539843 BOM:534659 KLMK BOM:531525 TSXV:REW WAR:ACR TSXV:NPA TSXV:LOOP ASX:SVT BOM:512279
Traded in Other Exchanges
N/A
Address
505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
Website
https://www.aptsystemsinc.com
APT Systems Inc operates as a Fintech company to engage in the creation of innovative financial platforms, and financial apps and imagining new visual solutions for charting the financial markets. The company has studied and participated in Know Your Customer and Anti-Money Laundering data managing techniques used by large financial institutions to create risk management reports and validate identity claims for persons accessing financial applications. The company is also developing credentials for verifying and reporting on an accredited investor's status.