IHAI (Innovative Holdings Alliance) Interest Expense: $ Mil (TTM As of Aug. 2023)

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IHAI Innovative Holdings Alliance Inc IHAI
33 GF Score
Price $0.15
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What is Innovative Holdings Alliance Interest Expense?

Innovative Holdings Alliance IHAI -9.38% 33 Interest Expense is $ Mil as of Aug. 2023. GuruFocus rates IHAI with a GF Score™ of 33/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innovative Holdings Alliance's interest expense for the six months ended in Aug. 2023 was $ -0.01 Mil. Innovative Holdings Alliance does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Aug. 2023.

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. Innovative Holdings Alliance's Operating Income for the six months ended in Aug. 2023 was $ -0.03 Mil. Innovative Holdings Alliance's Interest Expense for the six months ended in Aug. 2023 was $ -0.01 Mil. Innovative Holdings Alliance 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.

Innovative Holdings Alliance  (OTCPK:IHAI) 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.

Innovative Holdings Alliance's Interest Expense for the six months ended in Aug. 2023 was $-0.01 Mil. Its Operating Income for the six months ended in Aug. 2023 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was $0.00 Mil.

Innovative Holdings Alliance's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Innovative Holdings Alliance 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.

Innovative Holdings Alliance Interest Expense Historical Data

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The historical data trend for Innovative Holdings Alliance'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.

Innovative Holdings Alliance Interest Expense Chart

Innovative Holdings Alliance Annual Data
Trend
Interest Expense

Innovative Holdings Alliance Semi-Annual Data
Aug22 Aug23
Interest Expense -0.01 -0.01
IHAI
33GF Score
Innovative Holdings Alliance Inc IHAI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Holdings Alliance Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Innovative Holdings Alliance (IHAI) has a Interest Expense of $ Mil as of Aug. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Innovative Holdings Alliance and its competitors.
Is Innovative Holdings Alliance's Interest Expense too high?
Innovative Holdings Alliance's current Interest Expense is $ Mil. Overall, Innovative Holdings Alliance has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Holdings Alliance's Interest Expense compare to RENI and SRNW?
Innovative Holdings Alliance's Interest Expense of $ 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 Innovative Holdings Alliance and its competitors. Innovative Holdings Alliance's current Interest Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Holdings Alliance stock overvalued right now?
Innovative Holdings Alliance (IHAI) has a current Interest Expense of $ Mil. The current Interest Expense is $ Mil. Innovative Holdings Alliance's overall GF Score™ is 33/100. 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 Innovative Holdings Alliance (IHAI), the current Interest Expense is $ Mil as of Aug. 2023. 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.

Innovative Holdings Alliance Business Description

Address 2300 Lakeview Parkway, Suite 700, Alpharetta, GA, USA, 30009
Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value. It is a U.S. technology development company focused on international battery power management and energy optimization. Premergy's patent-protected electric vehicle battery management design and control systems address two key issues in the electric vehicle marketplace, vehicle range and battery thermal stress.
33GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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