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GetSwift Technologies (GetSwift Technologies) Interest Expense : $-0.02 Mil (TTM As of Mar. 2021)


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What is GetSwift Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GetSwift Technologies's interest expense for the three months ended in Mar. 2021 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $-0.02 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. GetSwift Technologies's Operating Income for the three months ended in Mar. 2021 was $ -3.70 Mil. GetSwift Technologies's Interest Expense for the three months ended in Mar. 2021 was $ -0.01 Mil. GetSwift 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.


GetSwift Technologies Interest Expense Historical Data

The historical data trend for GetSwift 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.

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GetSwift Technologies Interest Expense Chart

GetSwift Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20
Interest Expense
- - - -0.02 -0.16

GetSwift Technologies Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 - -0.01 -0.02 - -0.01

GetSwift 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.


GetSwift Technologies  (OTCPK:GTSWF) 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.

GetSwift Technologies's Interest Expense for the three months ended in Mar. 2021 was $-0.01 Mil. Its Operating Income for the three months ended in Mar. 2021 was $-3.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was $0.00 Mil.

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

GetSwift 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.


GetSwift Technologies (GetSwift Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1185 6th Avenue, New York, NY, USA, 10036
GetSwift Technologies Ltd is a technology and services company that offers a suite of software, products, and services through its operating subsidiaries, which are focused on business and logistics and automation, data management and analysis, communications, information security, and infrastructure optimization and also includes e-commerce and marketplace ordering, workforce management, data analytics and augmentation, business intelligence, route optimization, cash management, task management shift management, asset tracking, real-time alerts, cloud communications, and communications infrastructure services and products through consulting, design, construction, and maintenance.

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