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

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What is FRMO Interest Expense?

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 Interest Expense Historical Data

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.

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FRMO Interest Expense Chart

FRMO Annual Data

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Interest Expense

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

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.

FRMO (OTCPK:FRMO) 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.

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⁾.

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

FRMO (FRMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601

Website

https://www.frmocorp.com

FRMO Corp is focused its activities on making strategic investments in public and private companies.

Executives

Steven Bregman	director, 10 percent owner, officer: President	HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp	director	1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein	director	1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson	director	747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl	director, 10 percent owner, officer: CEO	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle	director, 10 percent owner, officer: Vice President, other: Secretary	470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner	director, officer: Secretary	100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld	director	123 WILD DUNES WAY, JACKSON NJ 08527