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Futuris Co (Futuris Co) Interest Expense : $-0.03 Mil (TTM As of Jul. 2020)


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What is Futuris Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Futuris Co's interest expense for the six months ended in Jul. 2020 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2020 was $-0.03 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. Futuris Co's Operating Income for the six months ended in Jul. 2020 was $ 0.10 Mil. Futuris Co's Interest Expense for the six months ended in Jul. 2020 was $ -0.03 Mil. Futuris Co's Interest Coverage for the quarter that ended in Jul. 2020 was 3.78. 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.


Futuris Co Interest Expense Historical Data

The historical data trend for Futuris Co'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.

Futuris Co Interest Expense Chart

Futuris Co Annual Data
Trend Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Interest Expense
Get a 7-Day Free Trial - - -0.05 -0.04 -0.03

Futuris Co Semi-Annual Data
Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Interest Expense Get a 7-Day Free Trial - - -0.05 -0.04 -0.03

Futuris Co 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 Jul. 2020 was $-0.03 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.


Futuris Co  (OTCPK:FTRS) 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.

Futuris Co's Interest Expense for the six months ended in Jul. 2020 was $-0.03 Mil. Its Operating Income for the six months ended in Jul. 2020 was $0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2020 was $0.00 Mil.

Futuris Co's Interest Coverage for the quarter that ended in Jul. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2020 )/Interest Expense (Q: Jul. 2020 )
=-1*0.102/-0.027
=3.78

* 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.


Futuris Co (Futuris Co) Business Description

Traded in Other Exchanges
N/A
Address
22 Baltimore Road, Rockville, MD, USA, 20850
Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.