INND (Innerscope Hearing Technologies) Interest Expense: $-1.10 Mil (TTM As of Dec. 2020)


What is Innerscope Hearing Technologies Interest Expense?

Innerscope Hearing Technologies INND -33.33% Interest Expense is $-1.10 Mil as of Dec. 2020.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innerscope Hearing Technologies's interest expense for the three months ended in Dec. 2020 was $ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2020 was $-1.10 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. Innerscope Hearing Technologies's Operating Income for the three months ended in Dec. 2020 was $ -0.15 Mil. Innerscope Hearing Technologies's Interest Expense for the three months ended in Dec. 2020 was $ -0.12 Mil. Innerscope Hearing Technologies 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.

Innerscope Hearing Technologies  (OTCPK:INND) 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.

Innerscope Hearing Technologies's Interest Expense for the three months ended in Dec. 2020 was $-0.12 Mil. Its Operating Income for the three months ended in Dec. 2020 was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2020 was $1.62 Mil.

Innerscope Hearing Technologies's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Innerscope Hearing Technologies 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.

Innerscope Hearing Technologies Interest Expense Historical Data

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The historical data trend for Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies Interest Expense Chart

Innerscope Hearing Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial -0.00 -0.08 -1.27 -3.34 -1.71

Innerscope Hearing Technologies Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -1.00 -0.13 -0.56 -0.29 -0.12

Innerscope Hearing Technologies 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 Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.10 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 $-1.10 Mil mean?
Innerscope Hearing Technologies (INND) has a Interest Expense of $-1.10 Mil as of Dec. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Innerscope Hearing Technologies and its competitors.
Is Innerscope Hearing Technologies' Interest Expense too high?
Innerscope Hearing Technologies' current Interest Expense is $-1.10 Mil.
How does Innerscope Hearing Technologies' Interest Expense compare to NWCN and NCAP?
Innerscope Hearing Technologies' Interest Expense of $-1.10 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Interest Expense depends on the Medical Devices & Instruments 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 Innerscope Hearing Technologies and its competitors. Innerscope Hearing Technologies's current Interest Expense is $-1.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innerscope Hearing Technologies stock overvalued right now?
Innerscope Hearing Technologies (INND) has a current Interest Expense of $-1.10 Mil. The current Interest Expense is $-1.10 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 Innerscope Hearing Technologies (INND), the current Interest Expense is $-1.10 Mil as of Dec. 2020. 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.

Innerscope Hearing Technologies Business Description

Address 2151 Professional Drive, Suite 105, Roseville, CA, USA, 95661
Innerscope Hearing Technologies Inc is a manufacturer and distributor of OTC Hearing Aids, Hearing Aid Accessories & Hearing Health-Related Products (Hearing Products) dedicated to addressing the demand for affordable hearing solutions. The company operates retail hearing device clinics in California. InnerScope is focused on leveraging these strategic assets to identify, incubate, and support health-technology ventures positioned for growth in public markets and long-term shareholder value creation.