EQ Labs (EQ Labs) Interest Expense : $ Mil (TTM As of . 20)

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What is EQ Labs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EQ Labs's interest expense for the three months ended in . 20 was $ 0.00 Mil. EQ Labs 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. EQ Labs's Operating Income for the three months ended in . 20 was $ 0.00 Mil. EQ Labs's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. EQ Labs 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.

EQ Labs Interest Expense Historical Data

The historical data trend for EQ Labs'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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EQ Labs Interest Expense Chart

EQ Labs Annual Data

Trend

Interest Expense

EQ Labs Quarterly Data

Interest Expense

EQ Labs Interest Expense Calculation

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

EQ Labs (OTCPK:EQLB) 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.

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

EQ Labs's Interest Coverage for the quarter that ended in . 20 is calculated as

EQ Labs had no long-term debt ⁽¹⁾.

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

EQ Labs (EQ Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » EQ Labs Inc (OTCPK:EQLB) » Definitions » Interest Expense

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Address

1016 Baronet Drive, Las Vegas, NV, USA, 89138

Website

https://www.drinklastshotlv.com

EQ Labs Inc manufactures, distributes and sells energy drink products. The company offers the LAST SHOT ready to go 8.4oz Hangover Protection, 3 in 1 Energize, Hydrate, Detox mixable cold beverage and the EQ Energy Tab.