FTWS (Flitways Technology) Interest Expense: $-0.50 Mil (TTM As of Mar. 2019)


What is Flitways Technology Interest Expense?

Flitways Technology FTWS -90.00% Interest Expense is $-0.50 Mil as of Mar. 2019.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flitways Technology's interest expense for the three months ended in Mar. 2019 was $ -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 was $-0.50 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. Flitways Technology's Operating Income for the three months ended in Mar. 2019 was $ -0.07 Mil. Flitways Technology's Interest Expense for the three months ended in Mar. 2019 was $ -0.08 Mil. Flitways Technology 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.

Flitways Technology  (OTCPK:FTWS) 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.

Flitways Technology's Interest Expense for the three months ended in Mar. 2019 was $-0.08 Mil. Its Operating Income for the three months ended in Mar. 2019 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2019 was $1.27 Mil.

Flitways Technology's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Flitways Technology 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.

Flitways Technology Interest Expense Historical Data

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The historical data trend for Flitways Technology'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.

Flitways Technology Interest Expense Chart

Flitways Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial 0.00 -0.00 -0.01 -2.08 -0.62

Flitways Technology Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Sep19
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 -0.24 0.09 -0.27 -0.08 0.00

Flitways Technology 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.50 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 $-0.50 Mil mean?
Flitways Technology (FTWS) has a Interest Expense of $-0.50 Mil as of Mar. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Flitways Technology and its competitors.
Is Flitways Technology's Interest Expense too high?
Flitways Technology's current Interest Expense is $-0.50 Mil.
How does Flitways Technology's Interest Expense compare to MPAY and YPPN?
Flitways Technology's Interest Expense of $-0.50 Mil can be compared against companies in the Software 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 a Software company?
A good Interest Expense depends on the Software 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 Flitways Technology and its competitors. Flitways Technology's current Interest Expense is $-0.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flitways Technology stock overvalued right now?
Flitways Technology (FTWS) has a current Interest Expense of $-0.50 Mil. The current Interest Expense is $-0.50 Mil. 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 Flitways Technology (FTWS), the current Interest Expense is $-0.50 Mil as of Mar. 2019. 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.

Flitways Technology Business Description

Address 600 Corporate Pointe, Suite 5500, Culver City, CA, USA, 90230
Flitways Technology Inc is engaged in the business of transportation. Its main mission is to provide both corporate enterprises and their employees and travel resellers and their customers with a complete offering of fully integrated ground transportation solutions for any budget or need. Further, the company has created a software platform to give customers enterprise suite and app-based booking, billing, expense management and real-time monitoring for a simple to use ground transportation offering. It has one operating segment that is on-demand transportation business.