Grow Solutions Holdings (Grow Solutions Holdings) Interest Expense : $-1.06 Mil (TTM As of Dec. 2016)

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What is Grow Solutions Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grow Solutions Holdings's interest expense for the three months ended in Dec. 2016 was $ -0.29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-1.06 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. Grow Solutions Holdings's Operating Income for the three months ended in Dec. 2016 was $ -1.69 Mil. Grow Solutions Holdings's Interest Expense for the three months ended in Dec. 2016 was $ -0.29 Mil. Grow Solutions 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.

Grow Solutions Holdings Interest Expense Historical Data

The historical data trend for Grow Solutions 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.

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Grow Solutions Holdings Interest Expense Chart

Grow Solutions Holdings Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Interest Expense

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-0.01

-0.12

-1.06

Grow Solutions Holdings Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.26	-0.27	-0.25	-0.29

Grow Solutions 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.06 Mil.

Grow Solutions Holdings (OTCPK:GRSO) 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.

Grow Solutions Holdings's Interest Expense for the three months ended in Dec. 2016 was $-0.29 Mil. Its Operating Income for the three months ended in Dec. 2016 was $-1.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2016 was $0.00 Mil.

Grow Solutions Holdings's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Grow Solutions Holdings did not have earnings to cover the interest expense.

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

Grow Solutions Holdings (Grow Solutions Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Grow Solutions Holdings Inc (OTCPK:GRSO) » Definitions » Interest Expense

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Address

430 Franklin Village Drive, Franklin, MA, USA, 02038

Website

https://www.aerogrowmanufacturing.com

Grow Solutions Holdings Inc is engaged in the design and manufacture of modular aeroponic vertical farming units that are fully equipped with proprietary monitoring and automation to make growing aeroponically simple and predictable with very little human intervention. The units are mainly used for agricultural products.