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HMMR (Hammer Fiber Optics Holdings) Interest Expense : $-0.08 Mil (TTM As of Apr. 2024)


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What is Hammer Fiber Optics Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hammer Fiber Optics Holdings's interest expense for the three months ended in Apr. 2024 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2024 was $-0.08 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. Hammer Fiber Optics Holdings's Operating Income for the three months ended in Apr. 2024 was $ -0.29 Mil. Hammer Fiber Optics Holdings's Interest Expense for the three months ended in Apr. 2024 was $ -0.02 Mil. Hammer Fiber Optics 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.


Hammer Fiber Optics Holdings Interest Expense Historical Data

The historical data trend for Hammer Fiber Optics 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.

* Premium members only.

Hammer Fiber Optics Holdings Interest Expense Chart

Hammer Fiber Optics Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.03 -0.03 -0.09 -0.02

Hammer Fiber Optics Holdings Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -0.01 -0.01 -0.02 -0.02 -0.02

Hammer Fiber Optics 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 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.


Hammer Fiber Optics Holdings  (OTCPK:HMMR) 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.

Hammer Fiber Optics Holdings's Interest Expense for the three months ended in Apr. 2024 was $-0.02 Mil. Its Operating Income for the three months ended in Apr. 2024 was $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was $0.00 Mil.

Hammer Fiber Optics Holdings's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Hammer Fiber Optics Holdings 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.


Hammer Fiber Optics Holdings Business Description

Traded in Other Exchanges
N/A
Address
6151 Lake Osprey Drive, Sarasota, FL, USA, 34240
Hammer Fiber Optics Holdings Corp is a telecommunications company. Its products and services include Financial Services such as Digital Payment Systems, Telecommunications, and Data Services such as Wireless and over-the-Top Services such as voice, messaging, video, and hosting.
Executives
Mark Stogdill director 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Erik B Levitt director, officer: CEO & President C/O HAMMER FIBER OPTICS HOLDINGS CORP., 401 EAST 34TH STREET, SUITE #N27J, NEW YORK NY 10016
Michael Cothill director, officer: Pres, CEO, CFO, Secy, Treas 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Helen E. Stogdill 10 percent owner 3722 RIVER RD., POINT PLEASANT BORO NJ 08742
Michael Leonard Adamcik, officer: Corporate Secretary 311 BROADWAY, PT. PLEASANT BEACH NJ 08742
Dennis W Doll director 1500 RONSON ROAD, ISELIN NJ 08830
Don Macneil director 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Michael Sevell director, 10 percent owner 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
James Pomposello officer: Secretary 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Bruce Farmer director C/O RECURSOS MONTANA, S.A., 1ST STREET, #3, CERROS DEL ATLANTICO, PUERTO PLATA G8 006234