Limitless Venture Group (Limitless Venture Group) Interest Expense : $ Mil (TTM As of Jun. 2022)

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What is Limitless Venture Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Limitless Venture Group's interest expense for the six months ended in Jun. 2022 was $ -0.17 Mil. Limitless Venture Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2022.

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. Limitless Venture Group's Operating Income for the six months ended in Jun. 2022 was $ -0.13 Mil. Limitless Venture Group's Interest Expense for the six months ended in Jun. 2022 was $ -0.17 Mil. Limitless Venture Group 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.

Limitless Venture Group Interest Expense Historical Data

The historical data trend for Limitless Venture 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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Limitless Venture Group Interest Expense Chart

Limitless Venture Group Annual Data

Trend

Interest Expense

Limitless Venture Group Semi-Annual Data
	Jun21	Jun22
Interest Expense	-0.14	-0.17

Limitless Venture Group Interest Expense Calculation

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

Limitless Venture Group (OTCPK:LVGI) 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.

Limitless Venture Group's Interest Expense for the six months ended in Jun. 2022 was $-0.17 Mil. Its Operating Income for the six months ended in Jun. 2022 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2022 was $0.00 Mil.

Limitless Venture Group's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Limitless Venture Group did not have earnings to cover the interest expense.

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

Limitless Venture Group (Limitless Venture Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Limitless Venture Group Inc (OTCPK:LVGI) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

121 East 35 Street, Tulsa, OK, USA, 74105

Website

https://www.lvginc.com

Limitless Venture Group Inc provides its shareholders with access to leading small and medium businesses. The company owns controlling interests in its subsidiary businesses and partners with their management teams to build businesses that can unlock vital value for shareholders.