EXPL (Endurance Exploration Group) Interest Expense: $-0.02 Mil (TTM As of Sep. 2018)


What is Endurance Exploration Group Interest Expense?

Endurance Exploration Group EXPL +1,328.57% Interest Expense is $-0.02 Mil as of Sep. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Endurance Exploration Group's interest expense for the three months ended in Sep. 2018 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-0.02 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. Endurance Exploration Group's Operating Income for the three months ended in Sep. 2018 was $ -0.07 Mil. Endurance Exploration Group's Interest Expense for the three months ended in Sep. 2018 was $ -0.01 Mil. Endurance Exploration 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.

Endurance Exploration Group  (OTCPK:EXPL) 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.

Endurance Exploration Group's Interest Expense for the three months ended in Sep. 2018 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2018 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $0.00 Mil.

Endurance Exploration Group's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Endurance Exploration 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.

Endurance Exploration Group Interest Expense Historical Data

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The historical data trend for Endurance Exploration 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.

Endurance Exploration Group Interest Expense Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.00 -0.00 -0.00 -0.00 0.00

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -0.01 -0.01

Endurance Exploration 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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 $-0.02 Mil mean?
Endurance Exploration Group (EXPL) has a Interest Expense of $-0.02 Mil as of Sep. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's Interest Expense too high?
Endurance Exploration Group's current Interest Expense is $-0.02 Mil.
How does Endurance Exploration Group's Interest Expense compare to NESCQ and SENR?
Endurance Exploration Group's Interest Expense of $-0.02 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Interest Expense depends on the Waste Management 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 Endurance Exploration Group and its competitors. Endurance Exploration Group's current Interest Expense is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current Interest Expense of $-0.02 Mil. The current Interest Expense is $-0.02 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 Endurance Exploration Group (EXPL), the current Interest Expense is $-0.02 Mil as of Sep. 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.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.