CGAC (Code Green Apparel) Interest Expense: $-1.88 Mil (TTM As of Sep. 2017)


What is Code Green Apparel Interest Expense?

Code Green Apparel CGAC Interest Expense is $-1.88 Mil as of Sep. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Code Green Apparel's interest expense for the three months ended in Sep. 2017 was $ -0.47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2017 was $-1.88 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. Code Green Apparel's Operating Income for the three months ended in Sep. 2017 was $ -0.10 Mil. Code Green Apparel's Interest Expense for the three months ended in Sep. 2017 was $ -0.47 Mil. Code Green Apparel 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.

Code Green Apparel  (OTCPK:CGAC) 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.

Code Green Apparel's Interest Expense for the three months ended in Sep. 2017 was $-0.47 Mil. Its Operating Income for the three months ended in Sep. 2017 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2017 was $0.20 Mil.

Code Green Apparel's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Code Green Apparel 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.

Code Green Apparel Interest Expense Historical Data

* Premium members only.

The historical data trend for Code Green Apparel'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.

Code Green Apparel Interest Expense Chart

Code Green Apparel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 -0.27 -0.10

Code Green Apparel Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.04 -0.04 -0.05 -1.33 -0.47

Code Green Apparel 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 Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.88 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 $-1.88 Mil mean?
Code Green Apparel (CGAC) has a Interest Expense of $-1.88 Mil as of Sep. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Code Green Apparel and its competitors.
Is Code Green Apparel's Interest Expense too high?
Code Green Apparel's current Interest Expense is $-1.88 Mil.
How does Code Green Apparel's Interest Expense compare to competitors?
Code Green Apparel's Interest Expense of $-1.88 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Interest Expense depends on the Capital Markets 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 Code Green Apparel and its competitors. Code Green Apparel's current Interest Expense is $-1.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Code Green Apparel stock overvalued right now?
Code Green Apparel (CGAC) has a current Interest Expense of $-1.88 Mil. The current Interest Expense is $-1.88 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 Code Green Apparel (CGAC), the current Interest Expense is $-1.88 Mil as of Sep. 2017. 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.

Code Green Apparel Business Description

Address 12600 Hill Country Boulevard, Suite R-275, Bee Cave, TX, USA, 78738
Code Green Apparel Corp is a Digital Energy Company. The company focuses on development of containerized and modular AI infrastructure designed to address the growing energy, cooling, and deployment constraints facing AI data centers, as AI infrastructure faces growing constraints driven by power availability and rising electrical costs.