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Geosolar Technologies (Geosolar Technologies) Interest Expense : $-0.13 Mil (TTM As of Mar. 2024)


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What is Geosolar Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Geosolar Technologies's interest expense for the three months ended in Mar. 2024 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.13 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. Geosolar Technologies's Operating Income for the three months ended in Mar. 2024 was $ -0.38 Mil. Geosolar Technologies's Interest Expense for the three months ended in Mar. 2024 was $ -0.05 Mil. Geosolar Technologies 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.

Geosolar Technologies Interest Expense Historical Data

The historical data trend for Geosolar Technologies'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.

* Premium members only.

Geosolar Technologies Interest Expense Chart

Geosolar Technologies Annual Data
Trend Dec22 Dec23
Interest Expense
-0.09 -0.15

Geosolar Technologies Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial -0.03 -0.03 -0.04 -0.04 -0.05

Geosolar Technologies 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 $-0.13 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.

Geosolar Technologies  (OTCPK:GSLR) 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.

Geosolar Technologies's Interest Expense for the three months ended in Mar. 2024 was $-0.05 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

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

Geosolar Technologies 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.

Geosolar Technologies (Geosolar Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Geosolar Technologies Inc (OTCPK:GSLR) » Definitions » Interest Expense
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Traded in Other Exchanges
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Address
1400 16th Street, Suite 400, Denver, CO, USA, 80202
Website
https://www.geosolarplus.com
Geosolar Technologies Inc plans to install natural energy systems, referred to as the GeoSolar Plus System in newly built and existing residences as well as green new apartments and commercial buildings. The GSP System is based on combining solar power, geothermal ground-sourced energy and other clean energy technologies into one fully integrated system. The GSP system is designed to significantly reduce energy consumption and associated carbon emissions and improve the atmospheric and indoor air quality in residences.

Geosolar Technologies (Geosolar Technologies) Headlines

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