Muliang Viagoo Technology (Muliang Viagoo Technology) Interest Expense : $-0.10 Mil (TTM As of Sep. 2023)

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What is Muliang Viagoo Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Muliang Viagoo Technology's interest expense for the three months ended in Sep. 2023 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.10 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. Muliang Viagoo Technology's Operating Income for the three months ended in Sep. 2023 was $ 1.28 Mil. Muliang Viagoo Technology's Interest Expense for the three months ended in Sep. 2023 was $ -0.04 Mil. Muliang Viagoo Technology's Interest Coverage for the quarter that ended in Sep. 2023 was 29.67. 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.

Muliang Viagoo Technology Interest Expense Historical Data

The historical data trend for Muliang Viagoo Technology'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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Muliang Viagoo Technology Interest Expense Chart

Muliang Viagoo Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.42

-0.45

-0.70

-0.15

-0.13

Muliang Viagoo Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															0.01	-0.06	-	-	-0.04

Muliang Viagoo Technology 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 Mil.

Muliang Viagoo Technology (OTCPK:MULG) 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.

Muliang Viagoo Technology's Interest Expense for the three months ended in Sep. 2023 was $-0.04 Mil. Its Operating Income for the three months ended in Sep. 2023 was $1.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.06 Mil.

Muliang Viagoo Technology's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	1.276	/	-0.043
	=	29.67

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

Muliang Viagoo Technology (Muliang Viagoo Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Muliang Viagoo Technology Inc (OTCPK:MULG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

2498 Wanfeng Highway, Lane 181, Fengjing Town, Jinshan District, Shanghai, CHN, 201501

Website

http://www.cmuliang.com

Muliang Viagoo Technology Inc is in the business of developing, manufacturing, and selling organic fertilizers and bio-organic fertilizers for use in the agricultural industry in the Peoples Republic of China. The company has a fertilizer plant in Weiha City. It is also engaged in the sales of agricultural products in the Peoples' Republic of China.

Muliang Viagoo Technology (Muliang Viagoo Technology) Headlines

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