ELEK (Elektros) Interest Expense: $0.00 Mil (TTM As of Nov. 2018)


What is Elektros Interest Expense?

Elektros ELEK Interest Expense is $0.00 Mil as of Nov. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Elektros's interest expense for the three months ended in Nov. 2018 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2018 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. Elektros's Operating Income for the three months ended in Nov. 2018 was $ 1.82 Mil. Elektros's Interest Expense for the three months ended in Nov. 2018 was $ 0.00 Mil. Elektros 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.

Elektros  (OTCPK:ELEK) 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.

Elektros's Interest Expense for the three months ended in Nov. 2018 was $0.00 Mil. Its Operating Income for the three months ended in Nov. 2018 was $1.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2018 was $0.00 Mil.

Elektros's Interest Coverage for the quarter that ended in Nov. 2018 is calculated as

Elektros 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.

Elektros Interest Expense Historical Data

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The historical data trend for Elektros'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.

Elektros Interest Expense Chart

Elektros Annual Data
Trend Apr12 May13 May14 May15 May16 May17 May18
Interest Expense
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Elektros Quarterly Data
Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
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 0.00 0.00 0.00 0.00 0.00

Elektros 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 Nov. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Elektros (ELEK) has a Interest Expense of $0.00 Mil as of Nov. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Elektros and its competitors.
Is Elektros' Interest Expense too high?
Elektros' current Interest Expense is $0.00 Mil.
How does Elektros' Interest Expense compare to CHRA and PGTK?
Elektros' Interest Expense of $0.00 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Vehicles & Parts company?
A good Interest Expense depends on the Vehicles & Parts industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Elektros and its competitors. Elektros's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektros stock overvalued right now?
Elektros (ELEK) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Elektros (ELEK), the current Interest Expense is $0.00 Mil as of Nov. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Elektros Business Description

Address 16950 North Bay Road, Suite 1803, Sunny Isles Beach, FL, USA, 33160
Elektros Inc is an American Electric Vehicle company that innovates mobility solutions for consumers and businesses.