Eyelogic Systems (Eyelogic Systems) Interest Expense : $-0.00 Mil (TTM As of Dec. 2015)

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What is Eyelogic Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eyelogic Systems'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 $-0.00 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. Eyelogic Systems's Operating Income for the three months ended in Dec. 2015 was $ -0.59 Mil. Eyelogic Systems's Interest Expense for the three months ended in Dec. 2015 was $ -0.00 Mil. Eyelogic Systems 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.

Eyelogic Systems Interest Expense Historical Data

The historical data trend for Eyelogic Systems'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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Eyelogic Systems Interest Expense Chart

Eyelogic Systems Annual Data

Trend

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Interest Expense

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-0.01

Eyelogic Systems Quarterly Data
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Eyelogic Systems 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 $-0.00 Mil.

Eyelogic Systems (OTCPK:EGICF) 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.

Eyelogic Systems'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 $-0.59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2015 was $0.00 Mil.

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

Eyelogic Systems did not have earnings to cover the interest expense.

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

Eyelogic Systems (Eyelogic Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Eyelogic Systems Inc (OTCPK:EGICF) » Definitions » Interest Expense

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Website

http://www.eyelogic.com

Eyelogic Systems Inc has proprietary and patent rights to a software package that allows technicians to perform eyesight testing. The Company also sells and rents computers and ophthalmic equipment that uses the software package.

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