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Innovest Global (Innovest Global) Interest Expense : $-0.24 Mil (TTM As of Jun. 2009)


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What is Innovest Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innovest Global's interest expense for the three months ended in Jun. 2009 was $ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2009 was $-0.24 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. Innovest Global's Operating Income for the three months ended in Jun. 2009 was $ -0.12 Mil. Innovest Global's Interest Expense for the three months ended in Jun. 2009 was $ -0.12 Mil. Innovest Global 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.


Innovest Global Interest Expense Historical Data

The historical data trend for Innovest Global'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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Innovest Global Interest Expense Chart

Innovest Global Annual Data
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Interest Expense
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Innovest Global Quarterly Data
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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 - - - -0.13 -0.12

Innovest Global 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 Jun. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.24 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.


Innovest Global  (OTCPK:IVST) 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.

Innovest Global's Interest Expense for the three months ended in Jun. 2009 was $-0.12 Mil. Its Operating Income for the three months ended in Jun. 2009 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2009 was $1.76 Mil.

Innovest Global's Interest Coverage for the quarter that ended in Jun. 2009 is calculated as

Innovest Global 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.


Innovest Global (Innovest Global) Business Description

Traded in Other Exchanges
N/A
Address
8834 Mayfield Road, Chesterland, OH, USA, 44026
Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.

Innovest Global (Innovest Global) Headlines

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