FRMO (FRMO) Interest Expense: $0.00 Mil (TTM As of May. 2014)


FRMO FRMO Corp FRMO
12 GF Score
Price $7.01
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What is FRMO Interest Expense?

FRMO FRMO +0.18% 12 Interest Expense is $0.00 Mil as of May. 2014. GuruFocus rates FRMO with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FRMO's interest expense for the six months ended in May. 2014 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2014 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. FRMO's Operating Income for the six months ended in May. 2014 was $ 5.92 Mil. FRMO's Interest Expense for the six months ended in May. 2014 was $ 0.00 Mil. FRMO 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.

FRMO  (OTCPK:FRMO) 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.

FRMO's Interest Expense for the six months ended in May. 2014 was $0.00 Mil. Its Operating Income for the six months ended in May. 2014 was $5.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2014 was $0.00 Mil.

FRMO's Interest Coverage for the quarter that ended in May. 2014 is calculated as

FRMO 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.

FRMO Interest Expense Historical Data

* Premium members only.

The historical data trend for FRMO'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.

FRMO Interest Expense Chart

FRMO Annual Data
Trend Feb00 Feb01 Feb02 Feb03 Feb04 May12 May13 May14
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

FRMO Semi-Annual Data
Feb00 Feb01 Feb02 Feb03 Feb04 May12 May13 May14
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
FRMO
12GF Score
FRMO Corp FRMO
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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FRMO Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in May. 2014 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?
FRMO (FRMO) has a Interest Expense of $0.00 Mil as of May. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on FRMO and its competitors.
Is FRMO's Interest Expense too high?
FRMO's current Interest Expense is $0.00 Mil. Overall, FRMO has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does FRMO's Interest Expense compare to KTF and ZTR?
FRMO's Interest Expense of $0.00 Mil can be compared against companies in the Asset 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 an Asset Management company?
A good Interest Expense depends on the Asset 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 FRMO and its competitors. FRMO'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 FRMO stock overvalued right now?
FRMO (FRMO) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. FRMO's overall GF Score™ is 12/100. 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 FRMO (FRMO), the current Interest Expense is $0.00 Mil as of May. 2014. 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.

FRMO Business Description

Address 1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601
FRMO Corp is an intellectual capital firm identifying and managing investment strategies and business opportunities.
12GF Score

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