EVBC (Evolution Blockchain Group) Interest Expense: $-0.01 Mil (TTM As of Jan. 2018)


What is Evolution Blockchain Group Interest Expense?

Evolution Blockchain Group EVBC -99.75% Interest Expense is $-0.01 Mil as of Jan. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Evolution Blockchain Group's interest expense for the three months ended in Jan. 2018 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2018 was $-0.01 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. Evolution Blockchain Group's Operating Income for the three months ended in Jan. 2018 was $ -0.05 Mil. Evolution Blockchain Group's Interest Expense for the three months ended in Jan. 2018 was $ -0.00 Mil. Evolution Blockchain Group 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.

Evolution Blockchain Group  (OTCPK:EVBC) 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.

Evolution Blockchain Group's Interest Expense for the three months ended in Jan. 2018 was $-0.00 Mil. Its Operating Income for the three months ended in Jan. 2018 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2018 was $0.00 Mil.

Evolution Blockchain Group's Interest Coverage for the quarter that ended in Jan. 2018 is calculated as

Evolution Blockchain Group did not have earnings to cover the interest expense.

* 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.

Evolution Blockchain Group Interest Expense Historical Data

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The historical data trend for Evolution Blockchain Group'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.

Evolution Blockchain Group Interest Expense Chart

Evolution Blockchain Group Annual Data
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Interest Expense
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Evolution Blockchain Group Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 -0.00 -0.00 -0.00 -0.00 -0.00

Evolution Blockchain Group 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 Jan. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
Evolution Blockchain Group (EVBC) has a Interest Expense of $-0.01 Mil as of Jan. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Evolution Blockchain Group and its competitors.
Is Evolution Blockchain Group's Interest Expense too high?
Evolution Blockchain Group's current Interest Expense is $-0.01 Mil.
How does Evolution Blockchain Group's Interest Expense compare to competitors?
Evolution Blockchain Group's Interest Expense of $-0.01 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Interest Expense depends on the Capital Markets 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 Evolution Blockchain Group and its competitors. Evolution Blockchain Group's current Interest Expense is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Blockchain Group stock overvalued right now?
Evolution Blockchain Group (EVBC) has a current Interest Expense of $-0.01 Mil. The current Interest Expense is $-0.01 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 Evolution Blockchain Group (EVBC), the current Interest Expense is $-0.01 Mil as of Jan. 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.

Evolution Blockchain Group Business Description

Address 1853 King Beach Avenue, Las Vegas, NV, USA, 89123-4300
Evolution Blockchain Group Inc is focused on acquiring, developing and launching globally scalable blockchain technology solutions, as well as building cryptocurrency mining operations.