International Power Group (International Power Group) Interest Expense : $0.00 Mil (TTM As of Sep. 2008)

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What is International Power Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Power Group's interest expense for the three months ended in Sep. 2008 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2008 was $0.00 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. International Power Group's Operating Income for the three months ended in Sep. 2008 was $ -1.44 Mil. International Power Group's Interest Expense for the three months ended in Sep. 2008 was $ 0.00 Mil. International Power Group has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

International Power Group Interest Expense Historical Data

The historical data trend for International Power Group'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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International Power Group Interest Expense Chart

International Power Group Annual Data

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Interest Expense

International Power Group Quarterly Data
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International Power Group 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

International Power Group (GREY:IPWG) 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.

International Power Group's Interest Expense for the three months ended in Sep. 2008 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2008 was $-1.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2008 was $0.00 Mil.

International Power Group's Interest Coverage for the quarter that ended in Sep. 2008 is calculated as

International Power Group had no long-term debt ⁽¹⁾.

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

International Power Group (International Power Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » International Power Group Ltd (GREY:IPWG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

1420 Celebration Bouelvard, Suite 313, Celebration, FL, USA, 34747

Website

http://www.international-power.com

International Power Group Ltd is a waste to energy company operating a proprietary technology that not only handles waste management in a more environmentally friendly manner, but also converts the energy generated from the process into meaningful amounts of cost effective electricity.

Executives

John Edward Mack

officer: Chief Financial Officer

P.O.BOX 1575, BRECKENRIDGE CO 80424

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