NFTM (The NFT Marketplace) Interest Expense: $-0.17 Mil (TTM As of Aug. 2012)


What is The NFT Marketplace Interest Expense?

The NFT Marketplace NFTM +910.00% Interest Expense is $-0.17 Mil as of Aug. 2012.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The NFT Marketplace's interest expense for the three months ended in Aug. 2012 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2012 was $-0.17 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. The NFT Marketplace's Operating Income for the three months ended in Aug. 2012 was $ -0.45 Mil. The NFT Marketplace's Interest Expense for the three months ended in Aug. 2012 was $ 0.00 Mil. The NFT Marketplace 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.

The NFT Marketplace  (OTCPK:NFTM) 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.

The NFT Marketplace's Interest Expense for the three months ended in Aug. 2012 was $0.00 Mil. Its Operating Income for the three months ended in Aug. 2012 was $-0.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2012 was $0.00 Mil.

The NFT Marketplace's Interest Coverage for the quarter that ended in Aug. 2012 is calculated as

The NFT Marketplace 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.

The NFT Marketplace Interest Expense Historical Data

* Premium members only.

The historical data trend for The NFT Marketplace'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.

The NFT Marketplace Interest Expense Chart

The NFT Marketplace Annual Data
Trend Nov05 Nov06 Nov07 Nov08 Nov09 Nov10 Nov11
Interest Expense
Get a 7-Day Free Trial 0.00 -0.03 -0.05 -0.13 -0.13

The NFT Marketplace Quarterly Data
Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12
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 -0.13 -0.04 0.00 0.00

The NFT Marketplace 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 Aug. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.17 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 $-0.17 Mil mean?
The NFT Marketplace (NFTM) has a Interest Expense of $-0.17 Mil as of Aug. 2012. Interest Expense is the amount a company pays on its long-term debt. View historical data on The NFT Marketplace and its competitors.
Is The NFT Marketplace's Interest Expense too high?
The NFT Marketplace's current Interest Expense is $-0.17 Mil.
How does The NFT Marketplace's Interest Expense compare to LKST and GOBK?
The NFT Marketplace's Interest Expense of $-0.17 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services 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 The NFT Marketplace and its competitors. The NFT Marketplace's current Interest Expense is $-0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The NFT Marketplace stock overvalued right now?
The NFT Marketplace (NFTM) has a current Interest Expense of $-0.17 Mil. The current Interest Expense is $-0.17 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 The NFT Marketplace (NFTM), the current Interest Expense is $-0.17 Mil as of Aug. 2012. 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.

The NFT Marketplace Business Description

Address 21 Plymstock Road, London, Devon, GBR, PL9 7NX
The NFT Marketplace Inc is a shell company focused on acquiring high-growth technology companies and driving innovation.