MAXD (Max Sound) Interest Expense: $-1.01 Mil (TTM As of Jun. 2022)

What is Max Sound Interest Expense?

Max Sound MAXD -90.00% Interest Expense is $-1.01 Mil as of Jun. 2022.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Max Sound's interest expense for the three months ended in Jun. 2022 was $ -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $-1.01 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. Max Sound's Operating Income for the three months ended in Jun. 2022 was $ -0.09 Mil. Max Sound's Interest Expense for the three months ended in Jun. 2022 was $ -0.25 Mil. Max Sound 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.

Max Sound (OTCPK:MAXD) 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.

Max Sound's Interest Expense for the three months ended in Jun. 2022 was $-0.25 Mil. Its Operating Income for the three months ended in Jun. 2022 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $0.00 Mil.

Max Sound's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Max Sound 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.

Max Sound Interest Expense Historical Data

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The historical data trend for Max Sound's Interest Expense can be seen below:

Max Sound Interest Expense Chart

Max Sound Annual Data

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Interest Expense

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-4.05

-2.15

-1.10

-1.03

-1.02

Max Sound Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Interest Expense	Get a 7-Day Free Trial															-0.25	-0.25	-0.26	-0.25	-0.25

Max Sound 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.01 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-1.01 Mil mean?

Max Sound (MAXD) has a Interest Expense of $-1.01 Mil as of Jun. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Max Sound and its competitors.

Is Max Sound's Interest Expense too high?

Max Sound's current Interest Expense is $-1.01 Mil.

How does Max Sound's Interest Expense compare to ABQQ and IWSY?

Max Sound's Interest Expense of $-1.01 Mil can be compared against companies in the Software 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 a Software company?

A good Interest Expense depends on the Software 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 Max Sound and its competitors. Max Sound's current Interest Expense is $-1.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Max Sound stock overvalued right now?

Max Sound (MAXD) has a current Interest Expense of $-1.01 Mil. The current Interest Expense is $-1.01 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 Max Sound (MAXD), the current Interest Expense is $-1.01 Mil as of Jun. 2022. 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.

Max Sound Business Description

Industry Technology Software

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Address 3525 Del Mar Heights Road, No. 802, San Diego, CA, USA, 92130

Website https://www.maxd.audio

Max Sound Corp sells, and licenses products and services based on its patent MAX-D HD Audio Technology for sound recording and playback that improves the listener's experience. The MAXD-D HD Audio Technology converts audio files into high definition sound without increasing the file size. Its products and services are provided to various markets including motion picture, music recording, video game, broadcasting, internet video and audio, automobile infotainment systems, and consumer electronics. The company derives its revenue by licensing its MAX-D technology.