MGTC (Megatech) Interest Expense: $0.00 Mil (TTM As of Jun. 2004)


What is Megatech Interest Expense?

Megatech MGTC -42.86% Interest Expense is $0.00 Mil as of Jun. 2004.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Megatech's interest expense for the three months ended in Jun. 2004 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2004 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. Megatech's Operating Income for the three months ended in Jun. 2004 was $ -0.09 Mil. Megatech's Interest Expense for the three months ended in Jun. 2004 was $ 0.00 Mil. Megatech 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.

Megatech  (OTCPK:MGTC) 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.

Megatech's Interest Expense for the three months ended in Jun. 2004 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2004 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2004 was $0.00 Mil.

Megatech's Interest Coverage for the quarter that ended in Jun. 2004 is calculated as

Megatech 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.

Megatech Interest Expense Historical Data

* Premium members only.

The historical data trend for Megatech'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.

Megatech Interest Expense Chart

Megatech Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03
Interest Expense
0.00 0.00 0.00 0.00 0.00

Megatech Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 0.00 0.00 0.00 0.00 0.00

Megatech 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. 2004 adds up the quarterly 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?
Megatech (MGTC) has a Interest Expense of $0.00 Mil as of Jun. 2004. Interest Expense is the amount a company pays on its long-term debt. View historical data on Megatech and its competitors.
Is Megatech's Interest Expense too high?
Megatech's current Interest Expense is $0.00 Mil.
How does Megatech's Interest Expense compare to NRBT and EVTN?
Megatech's Interest Expense of $0.00 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Megatech and its competitors. Megatech'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 Megatech stock overvalued right now?
Megatech (MGTC) 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 Megatech (MGTC), the current Interest Expense is $0.00 Mil as of Jun. 2004. 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.

Megatech Business Description

Address 525 Woburn Street, Suite 3, Tewksbury, MA, USA, 01876
Megatech Corp manufactures and develops oilless, multi-fueled engines and electric dynamometers. The company offers products in automotive, diesel, hybrid and alternative-fuel technologies. It also provides complete training programs for all areas of ASE certifications.