IFLM (Independent Film Development) Interest Expense: $-0.26 Mil (TTM As of Jun. 2016)


What is Independent Film Development Interest Expense?

Independent Film Development IFLM -90.00% Interest Expense is $-0.26 Mil as of Jun. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Independent Film Development's interest expense for the three months ended in Jun. 2016 was $ -0.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2016 was $-0.26 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. Independent Film Development's Operating Income for the three months ended in Jun. 2016 was $ -0.22 Mil. Independent Film Development's Interest Expense for the three months ended in Jun. 2016 was $ -0.17 Mil. Independent Film Development 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.

Independent Film Development  (OTCPK:IFLM) 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.

Independent Film Development's Interest Expense for the three months ended in Jun. 2016 was $-0.17 Mil. Its Operating Income for the three months ended in Jun. 2016 was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2016 was $0.00 Mil.

Independent Film Development's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Independent Film Development 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.

Independent Film Development Interest Expense Historical Data

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The historical data trend for Independent Film Development'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.

Independent Film Development Interest Expense Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.02 -0.16 -0.17 -0.15 -0.18

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -0.05 -0.03 -0.04 -0.03 -0.17

Independent Film Development 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 Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.26 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 $-0.26 Mil mean?
Independent Film Development (IFLM) has a Interest Expense of $-0.26 Mil as of Jun. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Independent Film Development and its competitors.
Is Independent Film Development's Interest Expense too high?
Independent Film Development's current Interest Expense is $-0.26 Mil.
How does Independent Film Development's Interest Expense compare to ASKH and CRCO?
Independent Film Development's Interest Expense of $-0.26 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Interest Expense depends on the Media - Diversified 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 Independent Film Development and its competitors. Independent Film Development's current Interest Expense is $-0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Film Development stock overvalued right now?
Independent Film Development (IFLM) has a current Interest Expense of $-0.26 Mil. The current Interest Expense is $-0.26 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 Independent Film Development (IFLM), the current Interest Expense is $-0.26 Mil as of Jun. 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.

Independent Film Development Business Description

Address 2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.