GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Integrated Ventures Inc (OTCPK:INTV) » Definitions » Interest Expense

INTV (Integrated Ventures) Interest Expense : $-0.07 Mil (TTM As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Integrated Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Integrated Ventures's interest expense for the three months ended in Sep. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.07 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. Integrated Ventures's Operating Income for the three months ended in Sep. 2024 was $ -0.82 Mil. Integrated Ventures's Interest Expense for the three months ended in Sep. 2024 was $ -0.01 Mil. Integrated Ventures 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.


Integrated Ventures Interest Expense Historical Data

The historical data trend for Integrated Ventures'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.

Integrated Ventures Interest Expense Chart

Integrated Ventures Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.66 -0.44 -0.02 -0.28 -0.08

Integrated Ventures Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.02 -0.02 -0.02 -0.01 -0.01

Integrated Ventures 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 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.


Integrated Ventures  (OTCPK:INTV) 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.

Integrated Ventures's Interest Expense for the three months ended in Sep. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.09 Mil.

Integrated Ventures's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Integrated Ventures 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.


Integrated Ventures Business Description

Traded in Other Exchanges
N/A
Address
18385 Route 287, Tioga, Huntingdon Valley, PA, USA, 16946
Integrated Ventures Inc engaged in acquiring, launching and operating companies in the cryptocurrency sector. The company is focused on activities such as digital currency mining, equipment manufacturing, and sales of branded mining rigs, as well as blockchain software development. It earns its cryptocurrency mining revenues by providing transaction verification services within the digital currency networks of cryptocurrencies, such as Bitcoin, Litecoin, and Ethereum.
Executives
Steve Rubakh director, officer: CEO 73 BUCK RD., SUITE 2, HUNTINGDON VALLEY PA 19006
Johnny Falcones director 73 BUCK ROAD, SUITE 2, HUNTINGDON VALLEY NY 19006
Daniel Grillo director 340 MADISON AVENUE, NEW YORK NY 10173