COUV (Corporate Universe) Interest Expense: $-0.78 Mil (TTM As of Sep. 2023)

What is Corporate Universe Interest Expense?

Corporate Universe COUV Interest Expense is $-0.78 Mil as of Sep. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Corporate Universe's interest expense for the three months ended in Sep. 2023 was $ -0.39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.78 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. Corporate Universe's Operating Income for the three months ended in Sep. 2023 was $ -0.44 Mil. Corporate Universe's Interest Expense for the three months ended in Sep. 2023 was $ -0.39 Mil. Corporate Universe 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.

Corporate Universe (OTCPK:COUV) 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.

Corporate Universe's Interest Expense for the three months ended in Sep. 2023 was $-0.39 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.18 Mil.

Corporate Universe's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Corporate Universe 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.

Corporate Universe Interest Expense Historical Data

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The historical data trend for Corporate Universe's Interest Expense can be seen below:

Corporate Universe Interest Expense Chart

Corporate Universe Annual Data

Trend

Mar00

Mar01

Dec20

Dec21

Dec22

Interest Expense

0.00

-0.09

-0.11

Corporate Universe Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.04	-0.06	-0.13	-0.20	-0.39

Corporate Universe 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.78 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.78 Mil mean?

Corporate Universe (COUV) has a Interest Expense of $-0.78 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Corporate Universe and its competitors.

Is Corporate Universe's Interest Expense too high?

Corporate Universe's current Interest Expense is $-0.78 Mil.

How does Corporate Universe's Interest Expense compare to DLYT and CAPC?

Corporate Universe's Interest Expense of $-0.78 Mil can be compared against companies in the Industrial 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 an Industrial Products company?

A good Interest Expense depends on the Industrial 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 Corporate Universe and its competitors. Corporate Universe's current Interest Expense is $-0.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Corporate Universe stock overvalued right now?

Corporate Universe (COUV) has a current Interest Expense of $-0.78 Mil. The current Interest Expense is $-0.78 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 Corporate Universe (COUV), the current Interest Expense is $-0.78 Mil as of Sep. 2023. 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.

Corporate Universe Business Description

Industry Industrials Industrial Products

Comparable Companies DLYT CAPC SZSE:300750 XSWX:ABBN XKRX:373220 HAM:OSR BKK:DELTA TSE:6503 VRT XPAR:LR SZSE:300274 HUBB MIL:PRY XKRX:006400 SZSE:300124 BOM:517354 BOM:500093 XKRX:247540 SHSE:603195 BOM:542652

Address 2093 Philadelphia Pike, Suite 8334, Claymont, DE, USA, 33431

Website http://www.corpuniverse.com

Corporate Universe Inc along with its subsidiaries is engaged in developing next generation supercapacitor technology aimed at the grid and other energy storage applications.