Freeze Tag (Freeze Tag) Interest Expense : $-0.05 Mil (TTM As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Freeze Tag Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Freeze Tag's interest expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.05 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. Freeze Tag's Operating Income for the three months ended in Dec. 2023 was $ -0.12 Mil. Freeze Tag's Interest Expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Freeze Tag 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.

Freeze Tag Interest Expense Historical Data

The historical data trend for Freeze Tag'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.

Freeze Tag Interest Expense Chart

Freeze Tag Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.04

-0.05

Freeze Tag Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	-0.01	-0.01

Freeze Tag 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.

Freeze Tag (OTCPK:FRZT) 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.

Freeze Tag's Interest Expense for the three months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.15 Mil.

Freeze Tag's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Freeze Tag did not have earnings to cover the interest expense.

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

Freeze Tag (Freeze Tag) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Freeze Tag Inc (OTCPK:FRZT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 E 1st Street, Suite 450, Tustin, CA, USA, 92780

Website

https://www.freezetag.com

Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.

Executives

Vardeman Robert Don Jr	director, 10 percent owner, officer: President	1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland	director, 10 percent owner, officer: President and CEO	228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo	director, 10 percent owner, officer: Secretary and CFO	228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780