Infrastructure Developments (Infrastructure Developments) Interest Expense : $-0.02 Mil (TTM As of Sep. 2016)

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What is Infrastructure Developments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Infrastructure Developments's interest expense for the three months ended in Sep. 2016 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 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. Infrastructure Developments's Operating Income for the three months ended in Sep. 2016 was $ -0.01 Mil. Infrastructure Developments's Interest Expense for the three months ended in Sep. 2016 was $ 0.00 Mil. Infrastructure Developments 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.

Infrastructure Developments Interest Expense Historical Data

The historical data trend for Infrastructure Developments'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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Infrastructure Developments Interest Expense Chart

Infrastructure Developments Annual Data

Trend

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Interest Expense

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-0.02

-0.01

Infrastructure Developments Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.01	-

Infrastructure Developments 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Infrastructure Developments (GREY:IDVC) 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.

Infrastructure Developments's Interest Expense for the three months ended in Sep. 2016 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2016 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2016 was $0.00 Mil.

Infrastructure Developments's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Infrastructure Developments had no long-term debt ⁽¹⁾.

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

Infrastructure Developments (Infrastructure Developments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Infrastructure Developments Corp (GREY:IDVC) » Definitions » Interest Expense

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N/A

Address

299 South Main Street, 13th Floor, Salt Lake City, UT, USA, 84111

Website

http://www.idvc.us

Infrastructure Developments Corp is a project management and engineering firm. The company provides services through a network of consultants and subsidiaries. It is also engaged in the marketing of alternative energy products such as solar panel, battery backup systems, and magnetic transducer generators. Its primary operations are conducted through joint venture partners and consultants in the Middle East, Africa, Asia, and Oceania. The firm generates revenue from project and construction management, sales of wing houses, and miscellaneous services.

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