GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Divide Drives Inc (OTCPK:DVDR) » Definitions » Interest Expense

Divide Drives (Divide Drives) Interest Expense : $ Mil (TTM As of . 20)


View and export this data going back to 2014. Start your Free Trial

What is Divide Drives Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Divide Drives's interest expense for the six months ended in . 20 was $ 0.00 Mil. Divide Drives does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Divide Drives's Operating Income for the six months ended in . 20 was $ 0.00 Mil. Divide Drives's Interest Expense for the six months ended in . 20 was $ 0.00 Mil. Divide Drives 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.


Divide Drives Interest Expense Historical Data

The historical data trend for Divide Drives'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.

Divide Drives Interest Expense Chart

Divide Drives Annual Data
Trend
Interest Expense

Divide Drives Semi-Annual Data
Interest Expense

Divide Drives Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Divide Drives  (OTCPK:DVDR) 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.

Divide Drives's Interest Expense for the six months ended in . 20 was $0.00 Mil. Its Operating Income for the six months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was $0.00 Mil.

Divide Drives's Interest Coverage for the quarter that ended in . 20 is calculated as

Divide Drives 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.


Divide Drives (Divide Drives) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1416 Perrys Hollow Road, Salt Lake City, UT, USA, 84103
Website
Divide Drives Inc is a blank check company.

Divide Drives (Divide Drives) Headlines

No Headlines