Fuse Science (Fuse Science) Interest Expense : $-0.29 Mil (TTM As of Dec. 2015)

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What is Fuse Science Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fuse Science's interest expense for the three months ended in Dec. 2015 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2015 was $-0.29 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. Fuse Science's Operating Income for the three months ended in Dec. 2015 was $ 0.00 Mil. Fuse Science's Interest Expense for the three months ended in Dec. 2015 was $ 0.00 Mil. Fuse Science 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.

Fuse Science Interest Expense Historical Data

The historical data trend for Fuse Science'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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Fuse Science Interest Expense Chart

Fuse Science Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Interest Expense

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-0.04

-2.79

-2.97

-1.52

-0.29

Fuse Science Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.10	-0.10	-	-

Fuse Science 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.29 Mil.

Fuse Science (OTCPK:DROP) 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.

Fuse Science's Interest Expense for the three months ended in Dec. 2015 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2015 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2015 was $0.00 Mil.

Fuse Science's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Fuse Science had no long-term debt ⁽¹⁾.

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

Fuse Science (Fuse Science) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fuse Science Inc (OTCPK:DROP) » Definitions » Interest Expense

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Address

25 N. Market Street, Office 115, Jacksonville, FL, USA, 32202

Website

https://www.desks.ai

Fuse Science Inc has developed and maintain Desk AI, a cloud based customer engagement software platform focused on development and distribution of AI avatars that produce content and perform tasks with focus on computer vision and generative AI not limited to customer service and remote assistance, including live video support for businesses in the private and public sector.

Executives

David Rector	director, officer: CEO, CFO
Ross E Silvey	director	7633 EAST 63RD PLACE, #220, TULSA OK 74133

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