GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » National Tax Credit Partners LP (OTCPK:NTXCZ) » Definitions » Interest Expense

National Tax Credit Partners LP (National Tax Credit Partners LP) Interest Expense : $0.00 Mil (TTM As of Dec. 2012)


View and export this data going back to . Start your Free Trial

What is National Tax Credit Partners LP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Tax Credit Partners LP's interest expense for the six months ended in Dec. 2012 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2012 was $0.00 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 Tax Credit Partners LP's Operating Income for the six months ended in Dec. 2012 was $ -0.19 Mil. National Tax Credit Partners LP's Interest Expense for the six months ended in Dec. 2012 was $ 0.00 Mil. National Tax Credit Partners LP 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.


National Tax Credit Partners LP Interest Expense Historical Data

The historical data trend for National Tax Credit Partners LP'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.

* Premium members only.

National Tax Credit Partners LP Interest Expense Chart

National Tax Credit Partners LP Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense
Get a 7-Day Free Trial - - - - -

National Tax Credit Partners LP Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense Get a 7-Day Free Trial - - - - -

National Tax Credit Partners LP Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2012 was $0.00 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.


National Tax Credit Partners LP  (OTCPK:NTXCZ) 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 Tax Credit Partners LP's Interest Expense for the six months ended in Dec. 2012 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2012 was $-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2012 was $0.00 Mil.

National Tax Credit Partners LP's Interest Coverage for the quarter that ended in Dec. 2012 is calculated as

National Tax Credit Partners LP 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.

Good Sign:

National Tax Credit Partners LP has no debt.


National Tax Credit Partners LP (National Tax Credit Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Website
National Tax Credit Partners, L.P. is a limited partnership formed under the laws of the State of California on March 7, 1989. The Partnership was formed to invest primarily in other limited partnerships (the Local Partnerships) which own or lease and operate multifamily housing complexes that are eligible for low-income housing tax credits, or in certain cases, historic rehabilitation tax credits (Tax Credits). The general partner of the Partnership (the General Partner) is National Partnership Investments Corp. The Partnership holds limited partnership interests in twelve Local Partnerships, located in six states and Puerto Rico. The Local Partnerships own residential projects consisting of 682 apartment units.

National Tax Credit Partners LP (National Tax Credit Partners LP) Headlines

No Headlines