Averox (Averox) Interest Expense : $-0.01 Mil (TTM As of Jun. 2009)

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What is Averox Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Averox's interest expense for the three months ended in Jun. 2009 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2009 was $-0.01 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. Averox's Operating Income for the three months ended in Jun. 2009 was $ 1.13 Mil. Averox's Interest Expense for the three months ended in Jun. 2009 was $ 0.00 Mil. Averox 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.

Averox Interest Expense Historical Data

The historical data trend for Averox'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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Averox Interest Expense Chart

Averox Annual Data

Trend

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Interest Expense

Averox Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Averox 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 Jun. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Averox (OTCPK:AVRI) 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.

Averox's Interest Expense for the three months ended in Jun. 2009 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2009 was $1.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2009 was $0.00 Mil.

Averox's Interest Coverage for the quarter that ended in Jun. 2009 is calculated as

Averox had no long-term debt ⁽¹⁾.

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

Averox (Averox) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Averox Inc (OTCPK:AVRI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

13784 Graber Avenue, Sylmar, CA, USA, 91342

Website

https://www.averox.com

Averox Inc started as a software company writing programs useful to small and large businesses. The current business plan is to merge with a private company, possibly a manufacturer of surgical instruments.

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