CGLO (Coro Global) Interest Expense: $0.00 Mil (TTM As of Jun. 2021)

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CGLO Coro Global Inc CGLO
12 GF Score
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What is Coro Global Interest Expense?

Coro Global CGLO 12 Interest Expense is $0.00 Mil as of Jun. 2021. GuruFocus rates CGLO with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coro Global's interest expense for the three months ended in Jun. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 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. Coro Global's Operating Income for the three months ended in Jun. 2021 was $ -0.82 Mil. Coro Global's Interest Expense for the three months ended in Jun. 2021 was $ 0.00 Mil. Coro Global 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.


Coro Global  (OTCPK:CGLO) 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.

Coro Global's Interest Expense for the three months ended in Jun. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2021 was $-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $0.00 Mil.

Coro Global's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Coro Global 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.


Coro Global Interest Expense Historical Data

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The historical data trend for Coro Global'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.

Coro Global Interest Expense Chart

Coro Global Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.04 -0.61 -0.02 -0.17

Coro Global Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -0.17 0.00 0.00 0.00 0.00
CGLO
12GF Score
Coro Global Inc CGLO
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Coro Global 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which 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?
Coro Global (CGLO) has a Interest Expense of $0.00 Mil as of Jun. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Coro Global and its competitors.
Is Coro Global's Interest Expense too high?
Coro Global's current Interest Expense is $0.00 Mil. Overall, Coro Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Coro Global's Interest Expense compare to MSFT and ORCL?
Coro Global's Interest Expense of $0.00 Mil can be compared against companies in the Software 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 Software company?
A good Interest Expense depends on the Software 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 Coro Global and its competitors. Coro Global'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 Coro Global stock overvalued right now?
Coro Global (CGLO) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Coro Global's overall GF Score™ is 12/100. 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 Coro Global (CGLO), the current Interest Expense is $0.00 Mil as of Jun. 2021. 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.

Coro Global Business Description

Address 78 SW 7th Street, Suite 500, Miami, FL, USA, 33130
Coro Global Inc is a fintech company that is creating a new financial payment system where gold can be used as money in everyday transactions as easily as fiat currencies. Coro's platform is powered by Distributed Ledger Technology, allowing customers to send and receive global payments and exchange currency, including gold, seamlessly and securely.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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