Draganfly Investments (LSE:DRG) Interest Expense: £0.00 Mil (TTM As of Oct. 2017)


What is Draganfly Investments Interest Expense?

Draganfly Investments LSE:DRG Interest Expense is £0.00 Mil as of Oct. 2017. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Draganfly Investments's interest expense for the six months ended in Oct. 2017 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2017 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. Draganfly Investments's Operating Income for the six months ended in Oct. 2017 was £ -0.20 Mil. Draganfly Investments's Interest Expense for the six months ended in Oct. 2017 was £ 0.00 Mil. Draganfly Investments 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.

Draganfly Investments  (LSE:DRG) 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.

Draganfly Investments's Interest Expense for the six months ended in Oct. 2017 was £0.00 Mil. Its Operating Income for the six months ended in Oct. 2017 was £-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2017 was £0.00 Mil.

Draganfly Investments's Interest Coverage for the quarter that ended in Oct. 2017 is calculated as

Draganfly Investments 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.

Good Sign:

Draganfly Investments Ltd has no debt.

Draganfly Investments Interest Expense Historical Data

* Premium members only.

The historical data trend for Draganfly Investments'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.

Draganfly Investments Interest Expense Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Draganfly Investments Semi-Annual Data
Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17
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 0.00 0.00 0.00 0.00 0.00

Draganfly Investments 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 Oct. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of £0.00 Mil mean?
Draganfly Investments (LSE:DRG) has a Interest Expense of £0.00 Mil as of Oct. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Draganfly Investments and its competitors.
Is Draganfly Investments' Interest Expense too high?
Draganfly Investments' current Interest Expense is £0.00 Mil.
How does Draganfly Investments' Interest Expense compare to competitors?
Draganfly Investments' Interest Expense of £0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Asset Management company?
A good Interest Expense depends on the Asset Management industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Draganfly Investments and its competitors. Draganfly Investments's current Interest Expense is £0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) has a current Interest Expense of £0.00 Mil. The current Interest Expense is £0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Draganfly Investments (LSE:DRG), the current Interest Expense is £0.00 Mil as of Oct. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Draganfly Investments Business Description

Draganfly Investments Ltd is a part of the financial services sector in the United Kingdom. The key activities of the company include investment trading and holding a small portfolio of investments. The company's objective is that the funding of investment assets is primarily met from shareholders' funds. Draganfly Investments focus on a wide range of economic sector for investment opportunities.