MMMW (Mass Megawatts Wind Power) Interest Expense: $-0.11 Mil (TTM As of Jan. 2024)


MMMW Mass Megawatts Wind Power Inc MMMW
32 GF Score
Price $0.13
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What is Mass Megawatts Wind Power Interest Expense?

Mass Megawatts Wind Power MMMW +32.69% 32 Interest Expense is $-0.11 Mil as of Jan. 2024. GuruFocus rates MMMW with a GF Score™ of 32/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mass Megawatts Wind Power's interest expense for the three months ended in Jan. 2024 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.11 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. Mass Megawatts Wind Power's Operating Income for the three months ended in Jan. 2024 was $ -0.05 Mil. Mass Megawatts Wind Power's Interest Expense for the three months ended in Jan. 2024 was $ -0.05 Mil. Mass Megawatts Wind Power 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.

Mass Megawatts Wind Power  (OTCPK:MMMW) 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.

Mass Megawatts Wind Power's Interest Expense for the three months ended in Jan. 2024 was $-0.05 Mil. Its Operating Income for the three months ended in Jan. 2024 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $0.00 Mil.

Mass Megawatts Wind Power's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Mass Megawatts Wind Power 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.

Mass Megawatts Wind Power Interest Expense Historical Data

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The historical data trend for Mass Megawatts Wind Power'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.

Mass Megawatts Wind Power Interest Expense Chart

Mass Megawatts Wind Power Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr21 Apr22 Apr23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.01 -0.01 0.00 0.00 0.00

Mass Megawatts Wind Power Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.00 0.00 -0.02 -0.04 -0.05
MMMW
32GF Score
Mass Megawatts Wind Power Inc MMMW
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mass Megawatts Wind Power 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 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 $-0.11 Mil mean?
Mass Megawatts Wind Power (MMMW) has a Interest Expense of $-0.11 Mil as of Jan. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mass Megawatts Wind Power and its competitors.
Is Mass Megawatts Wind Power's Interest Expense too high?
Mass Megawatts Wind Power's current Interest Expense is $-0.11 Mil. Overall, Mass Megawatts Wind Power has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Mass Megawatts Wind Power's Interest Expense compare to ALCE and ETRXF?
Mass Megawatts Wind Power's Interest Expense of $-0.11 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Interest Expense depends on the Utilities - Independent Power Producers 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 Mass Megawatts Wind Power and its competitors. Mass Megawatts Wind Power's current Interest Expense is $-0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mass Megawatts Wind Power stock overvalued right now?
Mass Megawatts Wind Power (MMMW) has a current Interest Expense of $-0.11 Mil. The current Interest Expense is $-0.11 Mil. Mass Megawatts Wind Power's overall GF Score™ is 32/100. 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 Mass Megawatts Wind Power (MMMW), the current Interest Expense is $-0.11 Mil as of Jan. 2024. 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.

Mass Megawatts Wind Power Business Description

Address 119 Boston Turnpike, No. 290, Shrewsbury, MA, USA, 01545
Mass Megawatts Wind Power Inc is engaged in the development of renewable power technology. It develops solar trackers and wind energy equipment for low-cost clean energy generation. The company's patent pending, Mass Megawatts Solar Tracking System (STS) is a complete solar power system that is designed to continually adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. In addition, it also seeks to build and operate wind-energy-generated power plants utilizing proprietary MultiAxis Turbine technology.
32GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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