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Omni Ventures (Omni Ventures) Interest Expense : $-0.07 Mil (TTM As of Jun. 2012)


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What is Omni Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Omni Ventures's interest expense for the three months ended in Jun. 2012 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2012 was $-0.07 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. Omni Ventures's Operating Income for the three months ended in Jun. 2012 was $ -0.77 Mil. Omni Ventures's Interest Expense for the three months ended in Jun. 2012 was $ -0.02 Mil. Omni Ventures 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.


Omni Ventures Interest Expense Historical Data

The historical data trend for Omni Ventures'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.

Omni Ventures Interest Expense Chart

Omni Ventures Annual Data
Trend Sep09 Sep10 Sep11
Interest Expense
-0.02 -0.02 -0.05

Omni Ventures Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 -0.02 -0.01 -0.02 -0.02 -0.02

Omni Ventures 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 Jun. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 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.


Omni Ventures  (OTCPK:OMVE) 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.

Omni Ventures's Interest Expense for the three months ended in Jun. 2012 was $-0.02 Mil. Its Operating Income for the three months ended in Jun. 2012 was $-0.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2012 was $0.00 Mil.

Omni Ventures's Interest Coverage for the quarter that ended in Jun. 2012 is calculated as

Omni Ventures did not have earnings to cover the interest expense.

* 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.


Omni Ventures (Omni Ventures) Business Description

Traded in Other Exchanges
N/A
Address
10940 Parallel Parkway, Suite K-257, Kansas City, KS, USA, 66109
Omni Ventures Inc through its wholly-owned subsidiary is primarily involved in the apparel design, manufacturing and distribution activities.
Executives
Bruce Harmon officer: Chief Financial Officer 316 DEL PRADO BLVD. S., SUITE 204, CAPE CORAL FL 33990

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