GETH (Green Envirotech Holdings) Interest Expense: $-0.80 Mil (TTM As of Sep. 2019)


What is Green Envirotech Holdings Interest Expense?

Green Envirotech Holdings GETH Interest Expense is $-0.80 Mil as of Sep. 2019.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Green Envirotech Holdings's interest expense for the three months ended in Sep. 2019 was $ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-0.80 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. Green Envirotech Holdings's Operating Income for the three months ended in Sep. 2019 was $ -0.36 Mil. Green Envirotech Holdings's Interest Expense for the three months ended in Sep. 2019 was $ -0.13 Mil. Green Envirotech Holdings 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.

Green Envirotech Holdings  (OTCPK:GETH) 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.

Green Envirotech Holdings's Interest Expense for the three months ended in Sep. 2019 was $-0.13 Mil. Its Operating Income for the three months ended in Sep. 2019 was $-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $0.00 Mil.

Green Envirotech Holdings's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Green Envirotech Holdings 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.

Green Envirotech Holdings Interest Expense Historical Data

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The historical data trend for Green Envirotech Holdings'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.

Green Envirotech Holdings Interest Expense Chart

Green Envirotech Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.08 -0.15 -0.59 -0.62

Green Envirotech Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 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 -0.12 -0.29 -0.24 -0.14 -0.13

Green Envirotech Holdings 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.80 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 $-0.80 Mil mean?
Green Envirotech Holdings (GETH) has a Interest Expense of $-0.80 Mil as of Sep. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Green Envirotech Holdings and its competitors.
Is Green Envirotech Holdings' Interest Expense too high?
Green Envirotech Holdings' current Interest Expense is $-0.80 Mil.
How does Green Envirotech Holdings' Interest Expense compare to CWSS and OCLN?
Green Envirotech Holdings' Interest Expense of $-0.80 Mil can be compared against companies in the Waste 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 a Waste Management company?
A good Interest Expense depends on the Waste 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 Green Envirotech Holdings and its competitors. Green Envirotech Holdings's current Interest Expense is $-0.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Envirotech Holdings stock overvalued right now?
Green Envirotech Holdings (GETH) has a current Interest Expense of $-0.80 Mil. The current Interest Expense is $-0.80 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 Green Envirotech Holdings (GETH), the current Interest Expense is $-0.80 Mil as of Sep. 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.

Green Envirotech Holdings Business Description

Address 241 South Lander Street, Suite 203, Seattle, WA, USA, 98134
Green Envirotech Holdings Corp is a green technology company. It is engaged in transforming unusable scrap tires into valuable end products carbon black, oil, and steel. It has developed a proprietary process to convert end-of-life tires and unrecyclable waste plastics into a high-grade blendstock oil using proven pyrolysis technology.