IFAN (IFAN Financial) Interest Expense: $-1.03 Mil (TTM As of May. 2016)


What is IFAN Financial Interest Expense?

IFAN Financial IFAN -99.00% Interest Expense is $-1.03 Mil as of May. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IFAN Financial's interest expense for the three months ended in May. 2016 was $ -0.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2016 was $-1.03 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. IFAN Financial's Operating Income for the three months ended in May. 2016 was $ -0.45 Mil. IFAN Financial's Interest Expense for the three months ended in May. 2016 was $ -0.71 Mil. IFAN Financial 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.


IFAN Financial  (OTCPK:IFAN) 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.

IFAN Financial's Interest Expense for the three months ended in May. 2016 was $-0.71 Mil. Its Operating Income for the three months ended in May. 2016 was $-0.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2016 was $0.00 Mil.

IFAN Financial's Interest Coverage for the quarter that ended in May. 2016 is calculated as

IFAN Financial 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.


IFAN Financial Interest Expense Historical Data

* Premium members only.

The historical data trend for IFAN Financial'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.

IFAN Financial Interest Expense Chart

IFAN Financial Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15
Interest Expense
0.00 0.00 0.00 0.00 -0.03

IFAN Financial Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
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 -0.00 -0.03 -0.07 -0.23 -0.71

IFAN Financial 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 May. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.03 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1.03 Mil mean?
IFAN Financial (IFAN) has a Interest Expense of $-1.03 Mil as of May. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on IFAN Financial and its competitors.
Is IFAN Financial's Interest Expense too high?
IFAN Financial's current Interest Expense is $-1.03 Mil.
How does IFAN Financial's Interest Expense compare to ADAC and VCAN?
IFAN Financial's Interest Expense of $-1.03 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on IFAN Financial and its competitors. IFAN Financial's current Interest Expense is $-1.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFAN Financial stock overvalued right now?
IFAN Financial (IFAN) has a current Interest Expense of $-1.03 Mil. The current Interest Expense is $-1.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For IFAN Financial (IFAN), the current Interest Expense is $-1.03 Mil as of May. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IFAN Financial Business Description

Address 607 Shelby, 700-1005, Detroit, MI, USA, 48226
IFAN Financial Inc is a shell company.