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Ormand Inds (Ormand Inds) Interest Expense : $ Mil (TTM As of . 20)


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What is Ormand Inds Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ormand Inds's interest expense for the six months ended in . 20 was $ 0.00 Mil. Ormand Inds does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Ormand Inds's Operating Income for the six months ended in . 20 was $ 0.00 Mil. Ormand Inds's Interest Expense for the six months ended in . 20 was $ 0.00 Mil. Ormand Inds 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.


Ormand Inds Interest Expense Historical Data

The historical data trend for Ormand Inds'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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Ormand Inds Interest Expense Chart

Ormand Inds Annual Data
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Interest Expense

Ormand Inds Semi-Annual Data
Interest Expense

Ormand Inds Interest Expense Calculation

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


Ormand Inds  (OTCPK:OMDD) 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.

Ormand Inds's Interest Expense for the six months ended in . 20 was $0.00 Mil. Its Operating Income for the six months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was $0.00 Mil.

Ormand Inds's Interest Coverage for the quarter that ended in . 20 is calculated as

Ormand Inds 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.


Ormand Inds (Ormand Inds) Business Description

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