GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Omnia Wellness Inc (OTCPK:OMWS) » Definitions » Interest Expense

Omnia Wellness (Omnia Wellness) Interest Expense : $-2.06 Mil (TTM As of Sep. 2022)


View and export this data going back to 2018. Start your Free Trial

What is Omnia Wellness Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Omnia Wellness's interest expense for the three months ended in Sep. 2022 was $ -0.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-2.06 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. Omnia Wellness's Operating Income for the three months ended in Sep. 2022 was $ -0.45 Mil. Omnia Wellness's Interest Expense for the three months ended in Sep. 2022 was $ -0.18 Mil. Omnia Wellness 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.


Omnia Wellness Interest Expense Historical Data

The historical data trend for Omnia Wellness'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.

Omnia Wellness Interest Expense Chart

Omnia Wellness Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
Get a 7-Day Free Trial - - - -0.61 -2.69

Omnia Wellness Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.92 -0.23 -1.41 -0.23 -0.18

Omnia Wellness 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.06 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.


Omnia Wellness  (OTCPK:OMWS) 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.

Omnia Wellness's Interest Expense for the three months ended in Sep. 2022 was $-0.18 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.41 Mil.

Omnia Wellness's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Omnia Wellness 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.


Omnia Wellness (Omnia Wellness) Business Description

Traded in Other Exchanges
N/A
Address
999 18th Street, Suite 3000, Denver, CO, USA, 80202
Omnia Wellness Inc Endo-Kinetic treatment provides a dynamic and effective full-body treatment to help soothe the body from pain, stress and exercise. Through SolaJet, AquaVive, SolaPro and Bodystop brands, the company is delivering wellness and value to users and professionals across the United States. Its flagship proprietary SolaJet Dry-Hydrotherapy System produces deep tissue penetration combined with therapeutic heat and sequential compression that combines three therapies in one to deliver the feeling of an hour-long traditional massage in as little as 15 minutes at an affordable price point for the user.