OPTI (Optec International) Interest Expense: $-1.07 Mil (TTM As of Dec. 2018)


What is Optec International Interest Expense?

Optec International OPTI +16.67% Interest Expense is $-1.07 Mil as of Dec. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Optec International's interest expense for the three months ended in Dec. 2018 was $ -0.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was $-1.07 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. Optec International's Operating Income for the three months ended in Dec. 2018 was $ -0.07 Mil. Optec International's Interest Expense for the three months ended in Dec. 2018 was $ -0.53 Mil. Optec International 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.

Optec International  (OTCPK:OPTI) 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.

Optec International's Interest Expense for the three months ended in Dec. 2018 was $-0.53 Mil. Its Operating Income for the three months ended in Dec. 2018 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2018 was $0.00 Mil.

Optec International's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Optec International 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.

Optec International Interest Expense Historical Data

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The historical data trend for Optec International'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.

Optec International Interest Expense Chart

Optec International Annual Data
Trend Jun15 Jun16 Jun17
Interest Expense
0.00 0.00 0.00

Optec International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -0.05 -0.09 -0.24 -0.21 -0.53

Optec International 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.07 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1.07 Mil mean?
Optec International (OPTI) has a Interest Expense of $-1.07 Mil as of Dec. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Optec International and its competitors.
Is Optec International's Interest Expense too high?
Optec International's current Interest Expense is $-1.07 Mil.
How does Optec International's Interest Expense compare to STDY and VERU?
Optec International's Interest Expense of $-1.07 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Vehicles & Parts company?
A good Interest Expense depends on the Vehicles & Parts industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Optec International and its competitors. Optec International's current Interest Expense is $-1.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optec International stock overvalued right now?
Optec International (OPTI) has a current Interest Expense of $-1.07 Mil. The current Interest Expense is $-1.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Optec International (OPTI), the current Interest Expense is $-1.07 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Optec International Business Description

Address 1385 Park Center Drive, Vista, CA, USA, 92081
Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.