MPM Technologies (MPM Technologies) Interest Expense : $-0.93 Mil (TTM As of Sep. 2010)

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What is MPM Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MPM Technologies's interest expense for the three months ended in Sep. 2010 was $ -0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2010 was $-0.93 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. MPM Technologies's Operating Income for the three months ended in Sep. 2010 was $ -0.17 Mil. MPM Technologies's Interest Expense for the three months ended in Sep. 2010 was $ -0.26 Mil. MPM Technologies 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.

MPM Technologies Interest Expense Historical Data

The historical data trend for MPM Technologies'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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MPM Technologies Interest Expense Chart

MPM Technologies Annual Data

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Interest Expense

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-0.78

-0.88

MPM Technologies Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Interest Expense	Get a 7-Day Free Trial															-0.22	-0.22	-0.23	-0.22	-0.26

MPM Technologies 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 Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.93 Mil.

MPM Technologies (OTCPK:MPML) 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.

MPM Technologies's Interest Expense for the three months ended in Sep. 2010 was $-0.26 Mil. Its Operating Income for the three months ended in Sep. 2010 was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2010 was $0.00 Mil.

MPM Technologies's Interest Coverage for the quarter that ended in Sep. 2010 is calculated as

MPM Technologies did not have earnings to cover the interest expense.

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

MPM Technologies (MPM Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MPM Technologies Inc (OTCPK:MPML) » Definitions » Interest Expense

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Address

1727 East Springfield Avenue, Suite C, Spokane, WA, USA, 99202

Website

http://www.mpmtech.com

MPM Technologies Inc is a United States based holding company. Through its subsidiaries, the company designs, engineers, supplies and services air pollution control systems. It is also engaged in the development and marketing of Skygas, a patented waste-to-fuel technology fuel, and development and exploration of gold and silver properties in Montana, US.

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