InterAmerican Gaming (InterAmerican Gaming) Interest Expense : $0.00 Mil (TTM As of Sep. 2012)

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What is InterAmerican Gaming Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. InterAmerican Gaming's interest expense for the three months ended in Sep. 2012 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2012 was $0.00 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. InterAmerican Gaming's Operating Income for the three months ended in Sep. 2012 was $ -0.40 Mil. InterAmerican Gaming's Interest Expense for the three months ended in Sep. 2012 was $ 0.00 Mil. InterAmerican Gaming has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

InterAmerican Gaming Interest Expense Historical Data

The historical data trend for InterAmerican Gaming'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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InterAmerican Gaming Interest Expense Chart

InterAmerican Gaming Annual Data

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Sep12

Interest Expense

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-0.06

InterAmerican Gaming Quarterly Data
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InterAmerican Gaming 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 Sep. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

InterAmerican Gaming (OTCPK:IAGM) 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.

InterAmerican Gaming's Interest Expense for the three months ended in Sep. 2012 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2012 was $-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2012 was $0.00 Mil.

InterAmerican Gaming's Interest Coverage for the quarter that ended in Sep. 2012 is calculated as

InterAmerican Gaming had no long-term debt ⁽¹⁾.

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

InterAmerican Gaming (InterAmerican Gaming) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterAmerican Gaming Inc (OTCPK:IAGM) » Definitions » Interest Expense

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Address

Website

http://www.interamericangaming.com

InterAmerican Gaming, Inc., was incorporated on 2 September 1999 in the State of Nevada. The Company develops international gaming operations. The Company leased video lottery terminal slot machines from a related party and began deploying the assets in non-owned gaming locations. In 2009, the Company installed slot machines at Fantasy Club Del Peru SA locations, operating under various brands throughout the country Slot City in Chiclayo, Colibri Dorado in Chincha and Monos Dorados in Huacho and Huaral.

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