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Oicintra (Oicintra) Interest Expense : $ Mil (TTM As of Sep. 2023)


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What is Oicintra Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oicintra's interest expense for the six months ended in Sep. 2023 was $ 0.00 Mil. Oicintra does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2023.

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. Oicintra's Operating Income for the six months ended in Sep. 2023 was $ 0.00 Mil. Oicintra's Interest Expense for the six months ended in Sep. 2023 was $ 0.00 Mil. Oicintra 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.


Oicintra Interest Expense Historical Data

The historical data trend for Oicintra'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.

Oicintra Interest Expense Chart

Oicintra Annual Data
Trend
Interest Expense

Oicintra Semi-Annual Data
Sep22 Sep23
Interest Expense - -

Oicintra Interest Expense Calculation

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


Oicintra  (OTCPK:OICT) 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.

Oicintra's Interest Expense for the six months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $0.00 Mil.

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

Oicintra 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:

Ben Graham prefers companies' interest coverage to be at least 5. Oicintra Inc has enough cash to cover all of its debt. Its financial situation is stable.


Oicintra (Oicintra) Business Description

Traded in Other Exchanges
N/A
Address
1057 Whitney Ranch Drive, Suite 300, Henderson, NV, USA, 89014
Oicintra Inc is a precious metals processing company that markets its proprietary methods to extract and leach precious metals from ore. Its target market is precious metals mining operations. Its process improves on environmental hazards typically associated with processing ore to extract valuable precious metals reducing the use of mercury by small and medium-scale miners, and the use of cyanide by medium and large-scale miners.

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