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FONU2 (FONU) Interest Expense : $-1.75 Mil (TTM As of Sep. 2015)


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What is FONU2 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FONU2's interest expense for the three months ended in Sep. 2015 was $ -0.56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-1.75 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. FONU2's Operating Income for the three months ended in Sep. 2015 was $ -0.64 Mil. FONU2's Interest Expense for the three months ended in Sep. 2015 was $ -0.56 Mil. FONU2 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.

FONU2 Interest Expense Historical Data

The historical data trend for FONU2'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.

* Premium members only.

FONU2 Interest Expense Chart

FONU2 Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep13 Sep14 Sep15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.06 -0.19 -0.46 -1.75

FONU2 Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.13 -0.11 -0.54 -0.54 -0.56

FONU2 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.75 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.

FONU2  (OTCPK:FONU) 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.

FONU2's Interest Expense for the three months ended in Sep. 2015 was $-0.56 Mil. Its Operating Income for the three months ended in Sep. 2015 was $-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was $5.10 Mil.

FONU2's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

FONU2 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.

FONU2 (FONU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FONU2 Inc (OTCPK:FONU) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
5112 West Taft Road, Suite M, Liverpool, NY, USA, 13088
Website
https://www.fonuinc.com
FONU2 Inc is in the process of restructuring its business and will move in a new direction to focus on any one of the following sectors; hospitality, real estate development, mining and minerals, green technology, retail, warehousing, and logistics.