GREN (Greensmart) Interest Expense : $0.00 Mil (TTM As of Jun. 2003)

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What is Greensmart Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greensmart's interest expense for the three months ended in Jun. 2003 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2003 was $0.00 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. Greensmart's Operating Income for the three months ended in Jun. 2003 was $ -0.07 Mil. Greensmart's Interest Expense for the three months ended in Jun. 2003 was $ 0.00 Mil. Greensmart has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Greensmart Interest Expense Historical Data

The historical data trend for Greensmart'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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Greensmart Interest Expense Chart

Greensmart Annual Data

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Greensmart Quarterly Data
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Greensmart 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 Jun. 2003 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Greensmart (OTCPK:GREN) 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.

Greensmart's Interest Expense for the three months ended in Jun. 2003 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2003 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2003 was $0.00 Mil.

Greensmart's Interest Coverage for the quarter that ended in Jun. 2003 is calculated as

Greensmart had no long-term debt ⁽¹⁾.

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

Greensmart Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Greensmart Corp (OTCPK:GREN) » Definitions » Interest Expense

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Address

Unit C11, 8th Floor, 14 Hing Yip Street, Wing Hing Industrial Building, Kwun Tong, Hong Kong, HKG

Website

http://www.greensmartcorp.com