Innovaro (Innovaro) Interest Expense : $-0.54 Mil (TTM As of Sep. 2013)

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What is Innovaro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innovaro's interest expense for the three months ended in Sep. 2013 was $ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2013 was $-0.54 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. Innovaro's Operating Income for the three months ended in Sep. 2013 was $ -0.50 Mil. Innovaro's Interest Expense for the three months ended in Sep. 2013 was $ -0.12 Mil. Innovaro 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.

Innovaro Interest Expense Historical Data

The historical data trend for Innovaro'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.

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Innovaro Interest Expense Chart

Innovaro Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Interest Expense

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-0.09

-0.62

-0.54

-0.51

Innovaro Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.20	-0.12	-0.10	-0.12

Innovaro 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 Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.54 Mil.

Innovaro (OTCPK:INNI) 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.

Innovaro's Interest Expense for the three months ended in Sep. 2013 was $-0.12 Mil. Its Operating Income for the three months ended in Sep. 2013 was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2013 was $1.96 Mil.

Innovaro's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

Innovaro did not have earnings to cover the interest expense.

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

Innovaro (Innovaro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovaro Inc (OTCPK:INNI) » Definitions » Interest Expense

Comparable Companies

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Address

624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217

Website

https://www.innovaroinc.com

Innovaro Inc is a shell company. It was previously engaged in software services. Currently, the company does not have any operations.

Executives

John Micek	director	300 HAMILTON AVENUE, 4TH FLOOR, PALO ALTO CA 94301
Mark S Berset	director	700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Bruce Lucas	director	2109 E. PALM AVENUE, TAMPA FL 33605
Charles L Pope	director	4902 EISENHOWER BOULEVARD, TAMPA FL 33634
David G Mooring	officer: VICE PRESIDENT	RAMBUS INC, 4444 EL CAMINO REAL, LOS ALTOS CA 94022

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