GRWC (Grow Capital) Interest Expense: $-0.22 Mil (TTM As of Mar. 2021)


GRWC Grow Capital Inc GRWC
12 GF Score
Price $0.24
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What is Grow Capital Interest Expense?

Grow Capital GRWC +562.98% 12 Interest Expense is $-0.22 Mil as of Mar. 2021. GuruFocus rates GRWC with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grow Capital's interest expense for the three months ended in Mar. 2021 was $ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $-0.22 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 Capital's Operating Income for the three months ended in Mar. 2021 was $ -0.99 Mil. Grow Capital's Interest Expense for the three months ended in Mar. 2021 was $ -0.07 Mil. Grow Capital 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 Capital  (OTCPK:GRWC) 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.

Grow Capital's Interest Expense for the three months ended in Mar. 2021 was $-0.07 Mil. Its Operating Income for the three months ended in Mar. 2021 was $-0.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was $6.38 Mil.

Grow Capital's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Grow Capital 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.

Grow Capital Interest Expense Historical Data

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The historical data trend for Grow Capital'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.

Grow Capital Interest Expense Chart

Grow Capital Annual Data
Trend Dec11 Dec12 Dec13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.76 -0.92 -0.05 -0.04

Grow Capital Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.00 -0.04 -0.08 -0.04 -0.07
GRWC
12GF Score
Grow Capital Inc GRWC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Grow Capital 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.22 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 $-0.22 Mil mean?
Grow Capital (GRWC) has a Interest Expense of $-0.22 Mil as of Mar. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Grow Capital and its competitors.
Is Grow Capital's Interest Expense too high?
Grow Capital's current Interest Expense is $-0.22 Mil. Overall, Grow Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Grow Capital's Interest Expense compare to MRIN and PALT?
Grow Capital's Interest Expense of $-0.22 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 Grow Capital and its competitors. Grow Capital's current Interest Expense is $-0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grow Capital stock overvalued right now?
Grow Capital (GRWC) has a current Interest Expense of $-0.22 Mil. The current Interest Expense is $-0.22 Mil. Grow Capital's overall GF Score™ is 12/100. 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 Grow Capital (GRWC), the current Interest Expense is $-0.22 Mil as of Mar. 2021. 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.

Grow Capital Business Description

Address 6145 South Rainbow Boulevard, Suite 105, Las Vegas, NV, USA, 89118
Grow Capital Inc is a technology solutions company focused on software, technology, and financial services business. Its operating segments includes Bombshell Technologies and corporate, and PERA. The Bombshell Technologies and corporate segment represents its proprietary software that delivers customized back-office compliance, sophisticated multi-pay commission processing, and a new client application submission system, along with digital engagement marketing services centric to financial services. The PERA segment represents its electronic appointment scheduling operations, providing leads for insurance agents to connect with retirement professionals and public employees to trusted insurance advisors. The company generates maximum revenue from the PERA segment.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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