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BTHC XV (BTHC XV) Interest Expense : $-0.94 Mil (TTM As of Dec. 2011)


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What is BTHC XV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BTHC XV's interest expense for the six months ended in Dec. 2011 was $ -0.94 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2011 was $-0.94 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. BTHC XV's Operating Income for the six months ended in Dec. 2011 was $ 6.75 Mil. BTHC XV's Interest Expense for the six months ended in Dec. 2011 was $ -0.94 Mil. BTHC XV's Interest Coverage for the quarter that ended in Dec. 2011 was 7.18. 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.


BTHC XV Interest Expense Historical Data

The historical data trend for BTHC XV'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.

BTHC XV Interest Expense Chart

BTHC XV Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense
Get a 7-Day Free Trial - - - -0.47 -0.94

BTHC XV Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense Get a 7-Day Free Trial - - - -0.47 -0.94

BTHC XV 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 Dec. 2011 was $-0.94 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.


BTHC XV  (OTCPK:BTXV) 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.

BTHC XV's Interest Expense for the six months ended in Dec. 2011 was $-0.94 Mil. Its Operating Income for the six months ended in Dec. 2011 was $6.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2011 was $0.00 Mil.

BTHC XV's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2011 )/Interest Expense (Q: Dec. 2011 )
=-1*6.752/-0.94
=7.18

* 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.


BTHC XV (BTHC XV) Business Description

Traded in Other Exchanges
N/A
Address
Website
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

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