Crown Equity Holdings (Crown Equity Holdings) Interest Expense : $-0.01 Mil (TTM As of Dec. 2023)

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What is Crown Equity Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Crown Equity Holdings's interest expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.01 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. Crown Equity Holdings's Operating Income for the three months ended in Dec. 2023 was $ -0.71 Mil. Crown Equity Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Crown Equity Holdings 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.

Crown Equity Holdings Interest Expense Historical Data

The historical data trend for Crown Equity Holdings'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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Crown Equity Holdings Interest Expense Chart

Crown Equity Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.06

-0.02

-0.01

Crown Equity Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.01

Crown Equity Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Crown Equity Holdings (OTCPK:CRWE) 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.

Crown Equity Holdings's Interest Expense for the three months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.71 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Crown Equity Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Crown Equity Holdings did not have earnings to cover the interest expense.

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

Crown Equity Holdings (Crown Equity Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Crown Equity Holdings Inc (OTCPK:CRWE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

11226 Pentland Downs Street, Las Vegas, NV, USA, 89141

Website

https://www.crownequityholdings.com

Crown Equity Holdings Inc offers services to companies seeking to become public entities in the United States. It provides and offers advertising branding, marketing solutions, and services to boost customer awareness, as well as merchant visibility. It serves companies and individuals with corporate structure and operations globally. The company also provides public relations advertising and news dissemination for public and privately held companies. Geographically, activities function throughout the region of the United States.

Executives

Mike Zaman Irrevocable Trust	10 percent owner	11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Rudy Chacon	director, officer: Chief Financial Officer	PO BOX 2541, SAN DIEGO CA 90731
Mike Zaman	director, officer: CEO/President	11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Brett Matus	director	4984 RIDING RIDGE, SAN DIEGO CA 92130
Crown Marketing Corp.	10 percent owner	11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Montse Zaman	director, officer: Secretary, Treasurer	11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Mark Lawrence Vega	director, officer: Chief Technology Officer	4488 CASA BLANCA ST, LAS VEGAS NV 89121
Steven Onoue	director	5440 SAHARA SUITE 205, LAS VEGAS NV 89146
Bosket Kenneth Cornell Sr	director, officer: CEO	1453 FLINTROCK ROAD, HENDERSON NV 89014
Arnulfo Saucedo-bardan	director, officer: Chairman	11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Lowell Thomas Holden	director, officer: CFO	631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408