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

View and export this data going back to . Start your Free Trial

What is Innovative Holdings Alliance Interest Expense?

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 Interest Expense Historical Data

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.

* Premium members only.

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

Innovative Holdings Alliance Interest Expense Calculation

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

Innovative Holdings Alliance (OTCPK:IHAI) 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.

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.

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

Innovative Holdings Alliance (Innovative Holdings Alliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovative Holdings Alliance Inc (OTCPK:IHAI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12850 Hwy 9 North, Suite 600-462, Alpharetta, GA, USA, 30004

Website

https://www.innovativeholdingsalliance.com

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.

Innovative Holdings Alliance (Innovative Holdings Alliance) Headlines

From GuruFocus

Innovative Holdings Alliance, Inc. Announces Brand License Agreement with M2Bio Sciences

By ACCESSWIRE ACCESSWIRE • 03-20-2023

Innovative Holdings Alliance, Inc. Announces Letter of Intent with Premergy, Inc.

By ACCESSWIRE • 12-11-2023

Innovative Holdings Alliance, Inc. Announces Acquisition of the Assets of Premergy, Inc.

By ACCESSWIRE • 01-24-2024