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Drone Guarder (Drone Guarder) Interest Expense : $-0.08 Mil (TTM As of Oct. 2018)


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What is Drone Guarder Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Drone Guarder's interest expense for the three months ended in Oct. 2018 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2018 was $-0.08 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. Drone Guarder's Operating Income for the three months ended in Oct. 2018 was $ -0.15 Mil. Drone Guarder's Interest Expense for the three months ended in Oct. 2018 was $ -0.03 Mil. Drone Guarder 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.

Drone Guarder Interest Expense Historical Data

The historical data trend for Drone Guarder'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.

* Premium members only.

Drone Guarder Interest Expense Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Interest Expense
Get a 7-Day Free Trial - - - - -0.02

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 -0.01 -0.01 -0.02 -0.02 -0.03

Drone Guarder 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 Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 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.

Drone Guarder  (OTCPK:DRNG) 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.

Drone Guarder's Interest Expense for the three months ended in Oct. 2018 was $-0.03 Mil. Its Operating Income for the three months ended in Oct. 2018 was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2018 was $0.00 Mil.

Drone Guarder's Interest Coverage for the quarter that ended in Oct. 2018 is calculated as

Drone Guarder 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.

Drone Guarder (Drone Guarder) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Drone Guarder Inc (OTCPK:DRNG) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Website
https://www.dronegaurderinc.com
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the DroneGuarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. Its primary revenue model consists of selling home security systems directly to the clients.