ITUP (Interups) Interest Expense : $-0.01 Mil (TTM As of May. 2016)

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What is Interups Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Interups's interest expense for the six months ended in May. 2016 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2016 was $-0.01 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. Interups's Operating Income for the six months ended in May. 2016 was $ -1.14 Mil. Interups's Interest Expense for the six months ended in May. 2016 was $ -0.01 Mil. Interups 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.

Interups Interest Expense Historical Data

The historical data trend for Interups'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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Interups Interest Expense Chart

Interups Annual Data

Trend

May12

May13

May14

May15

May16

Interest Expense

-0.01

Interups Semi-Annual Data
	May12	May13	May14	May15	May16
Interest Expense	-	-	-	-	-0.01

Interups Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in May. 2016 was $-0.01 Mil.

Interups (OTCPK:ITUP) 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.

Interups's Interest Expense for the six months ended in May. 2016 was $-0.01 Mil. Its Operating Income for the six months ended in May. 2016 was $-1.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2016 was $0.00 Mil.

Interups's Interest Coverage for the quarter that ended in May. 2016 is calculated as

Interups did not have earnings to cover the interest expense.

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

Interups Business Description

Industry

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

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Traded in Other Exchanges

N/A

Address

90 State Street, Suite 700, Office 40, Albany, NY, USA, 12207

Website

http://www.itupglobal.com

Interups Inc is a United States-based company engaged in the business of identifying and investing in business opportunities or transactions either directly or on behalf of its stakeholders, affiliates, associate concerns and clients. It specializes in crafting turnkey solutions involving complex financial and strategic challenges for a diverse set of businesses around the world, including firms, corporations, governments, institutions, partnerships, and individuals. The company also assists emerging and mature but distress clients in their capital, business structuring needs and acquire or invest in them by reviewing, analyzing and modelling various structural alternatives and assisting in their financial and management needs towards growth and turnaround.

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