CATI (Clone Algo Technologies) Interest Expense : $0.00 Mil (TTM As of Apr. 2015)

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What is Clone Algo Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clone Algo Technologies's interest expense for the three months ended in Apr. 2015 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2015 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. Clone Algo Technologies's Operating Income for the three months ended in Apr. 2015 was $ -0.52 Mil. Clone Algo Technologies's Interest Expense for the three months ended in Apr. 2015 was $ 0.00 Mil. Clone Algo Technologies 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.

Clone Algo Technologies Interest Expense Historical Data

The historical data trend for Clone Algo Technologies'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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Clone Algo Technologies Interest Expense Chart

Clone Algo Technologies Annual Data

Trend

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Interest Expense

Clone Algo Technologies Quarterly Data
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Clone Algo Technologies 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 Apr. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Clone Algo Technologies (OTCPK:CATI) 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.

Clone Algo Technologies's Interest Expense for the three months ended in Apr. 2015 was $0.00 Mil. Its Operating Income for the three months ended in Apr. 2015 was $-0.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2015 was $0.00 Mil.

Clone Algo Technologies's Interest Coverage for the quarter that ended in Apr. 2015 is calculated as

Clone Algo Technologies had no long-term debt ⁽¹⁾.

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

Clone Algo Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Clone Algo Technologies Inc (OTCPK:CATI) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

10300 West Charleston Boulevard, Suite 13-438, Las Vegas, NV, USA, 89135

Website

https://www.clonealgo.us

Clone Algo Technologies Inc is a shell company.

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