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INOQ (TPT Strategic) Interest Expense : $ Mil (TTM As of . 20)


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What is TPT Strategic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TPT Strategic's interest expense for the six months ended in . 20 was $ 0.00 Mil. TPT Strategic does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. TPT Strategic's Operating Income for the six months ended in . 20 was $ 0.00 Mil. TPT Strategic's Interest Expense for the six months ended in . 20 was $ 0.00 Mil. TPT Strategic 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.

TPT Strategic Interest Expense Historical Data

The historical data trend for TPT Strategic'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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TPT Strategic Interest Expense Chart

TPT Strategic Annual Data
Trend
Interest Expense

TPT Strategic Semi-Annual Data
Interest Expense

TPT Strategic Interest Expense Calculation

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

TPT Strategic  (OTCPK:INOQ) 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.

TPT Strategic's Interest Expense for the six months ended in . 20 was $0.00 Mil. Its Operating Income for the six months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was $0.00 Mil.

TPT Strategic's Interest Coverage for the quarter that ended in . 20 is calculated as

TPT Strategic had no long-term debt (1).

* 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.

TPT Strategic Business Description

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Traded in Other Exchanges
N/A
Address
501 W Broadway, Suite 800, San Diego, CA, USA, 92101
Website
http://www.southernplainsoil.com
TPT Strategic Inc focuses in enhanced oil recovery efforts through drilling and the use of water flooding and nitrogen injection in areas of prior production. The company discontinued all its operations.