NGRC (National Graphite) Interest Expense: $-0.06 Mil (TTM As of May. 2015)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is National Graphite Interest Expense?

National Graphite NGRC Interest Expense is $-0.06 Mil as of May. 2015.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Graphite's interest expense for the three months ended in May. 2015 was $ 0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2015 was $-0.06 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. National Graphite's Operating Income for the three months ended in May. 2015 was $ -0.16 Mil. National Graphite's Interest Expense for the three months ended in May. 2015 was $ 0.01 Mil. National Graphite 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.


National Graphite  (OTCPK:NGRC) 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.

National Graphite's Interest Expense for the three months ended in May. 2015 was $0.01 Mil. Its Operating Income for the three months ended in May. 2015 was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2015 was $0.82 Mil.

National Graphite's Interest Coverage for the quarter that ended in May. 2015 is calculated as

* 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.


National Graphite Interest Expense Historical Data

* Premium members only.

The historical data trend for National Graphite'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.

National Graphite Interest Expense Chart

National Graphite Annual Data
Trend May08 May09 May10 May11 May12 May13 May14
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.01

National Graphite Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 -0.01 -0.00 -0.03 -0.04 0.01

National Graphite 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 May. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 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 $-0.06 Mil mean?
National Graphite (NGRC) has a Interest Expense of $-0.06 Mil as of May. 2015. Interest Expense is the amount a company pays on its long-term debt. View historical data on National Graphite and its competitors.
Is National Graphite's Interest Expense too high?
National Graphite's current Interest Expense is $-0.06 Mil.
How does National Graphite's Interest Expense compare to NBIO and ENDV?
National Graphite's Interest Expense of $-0.06 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 National Graphite and its competitors. National Graphite's current Interest Expense is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Graphite stock overvalued right now?
National Graphite (NGRC) has a current Interest Expense of $-0.06 Mil. The current Interest Expense is $-0.06 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 National Graphite (NGRC), the current Interest Expense is $-0.06 Mil as of May. 2015. 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.

National Graphite Business Description

Address 2288 No.5 Road, No. 190, Richmond, BC, CAN, V6X 2T1
National Graphite Corp is a shell company.