BMSPF (Biomass Secure Power) Interest Expense: $0.00 Mil (TTM As of Jun. 2010)


What is Biomass Secure Power Interest Expense?

Biomass Secure Power BMSPF Interest Expense is $0.00 Mil as of Jun. 2010.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Biomass Secure Power's interest expense for the six months ended in Jun. 2010 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2010 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. Biomass Secure Power's Operating Income for the six months ended in Jun. 2010 was $ -0.26 Mil. Biomass Secure Power's Interest Expense for the six months ended in Jun. 2010 was $ 0.00 Mil. Biomass Secure Power 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.

Biomass Secure Power  (OTCPK:BMSPF) 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.

Biomass Secure Power's Interest Expense for the six months ended in Jun. 2010 was $0.00 Mil. Its Operating Income for the six months ended in Jun. 2010 was $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2010 was $0.00 Mil.

Biomass Secure Power's Interest Coverage for the quarter that ended in Jun. 2010 is calculated as

Biomass Secure Power had no long-term debt (1).

* 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.

Biomass Secure Power Interest Expense Historical Data

* Premium members only.

The historical data trend for Biomass Secure Power'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.

Biomass Secure Power Interest Expense Chart

Biomass Secure Power Annual Data
Trend Jun04 Jun05 Jun09 Jun10
Interest Expense
0.00 0.00 0.00 0.00

Biomass Secure Power Semi-Annual Data
Jun04 Jun05 Jun09 Jun10
Interest Expense 0.00 0.00 0.00 0.00

Biomass Secure Power Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2010 was $0.00 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 $0.00 Mil mean?
Biomass Secure Power (BMSPF) has a Interest Expense of $0.00 Mil as of Jun. 2010. Interest Expense is the amount a company pays on its long-term debt. View historical data on Biomass Secure Power and its competitors.
Is Biomass Secure Power's Interest Expense too high?
Biomass Secure Power's current Interest Expense is $0.00 Mil.
How does Biomass Secure Power's Interest Expense compare to competitors?
Biomass Secure Power's Interest Expense of $0.00 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Interest Expense depends on the Forest Products 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 Biomass Secure Power and its competitors. Biomass Secure Power's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biomass Secure Power stock overvalued right now?
Biomass Secure Power (BMSPF) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 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 Biomass Secure Power (BMSPF), the current Interest Expense is $0.00 Mil as of Jun. 2010. 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.

Biomass Secure Power Business Description

Address 125 8590 Sunrise Drive, Chilliwack, BC, CAN, V2R 3Z4
Biomass Secure Power Inc is engaged in the development of a wood pellet plant in Louisiana. The company has two patents that allow it to produce Biocoal with up to 30% more energy per tonne than whitewood pellets. The second patent concerns the briquetting of torrefied chips at high temperature maintaining the adhesive properties of the natural lignin and furans present in the wood fiber. It has developed two revenue streams, Biocoal supply and high carbon product which provides a byproduct that can be used for SAF.