Greenlit Ventures (Greenlit Ventures) Interest Expense : $-0.01 Mil (TTM As of Mar. 2024)

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What is Greenlit Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greenlit Ventures's interest expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.01 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. Greenlit Ventures's Operating Income for the three months ended in Mar. 2024 was $ -0.19 Mil. Greenlit Ventures's Interest Expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Greenlit Ventures 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.

Greenlit Ventures Interest Expense Historical Data

The historical data trend for Greenlit Ventures'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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Greenlit Ventures Interest Expense Chart

Greenlit Ventures Annual Data

Trend

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Interest Expense

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-0.01

Greenlit Ventures Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Greenlit Ventures 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Greenlit Ventures (OTCPK:GLVT) 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.

Greenlit Ventures's Interest Expense for the three months ended in Mar. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.14 Mil.

Greenlit Ventures's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Greenlit Ventures did not have earnings to cover the interest expense.

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

Greenlit Ventures (Greenlit Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Greenlit Ventures Inc (OTCPK:GLVT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

9169 W State Street, No.3147, Garden City, ID, USA, 83714

Website

MS Young Adventure Enterprise Inc is a marketing and management consulting company that provides advisory services to companies located in Asia for the purpose of facilitating the competitiveness of those companies in the international market. The company offers a wide assortment of advisory services, ranging from business planning consulting services, mergers and acquisitions advising, and marketing services.

Executives

Zilin Wang Wang	director, 10 percent owner, officer: president,director,10%+ sh	506 ENTERPRISE AVENUE, KITIMAT A1 V8C 2E2
James M Cassidy	director, 10 percent owner, officer: president	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	director, 10 percent owner, officer: vice president	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212

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