VEF Radiotehnika RRR (ORSE:RRR1R) Interest Expense : €-0.01 Mil (TTM As of Sep. 2020)

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What is VEF Radiotehnika RRR Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VEF Radiotehnika RRR's interest expense for the three months ended in Sep. 2020 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was €-0.01 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. VEF Radiotehnika RRR's Operating Income for the three months ended in Sep. 2020 was € -0.02 Mil. VEF Radiotehnika RRR's Interest Expense for the three months ended in Sep. 2020 was € -0.00 Mil. VEF Radiotehnika RRR 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.

VEF Radiotehnika RRR Interest Expense Historical Data

The historical data trend for VEF Radiotehnika RRR'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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VEF Radiotehnika RRR Interest Expense Chart

VEF Radiotehnika RRR Annual Data

Trend

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Interest Expense

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-0.08

-0.02

-0.01

VEF Radiotehnika RRR Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

VEF Radiotehnika RRR 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

VEF Radiotehnika RRR (ORSE:RRR1R) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

VEF Radiotehnika RRR's Interest Expense for the three months ended in Sep. 2020 was €-0.00 Mil. Its Operating Income for the three months ended in Sep. 2020 was €-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was €0.00 Mil.

VEF Radiotehnika RRR's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

VEF Radiotehnika RRR did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

VEF Radiotehnika RRR (ORSE:RRR1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VEF Radiotehnika RRR (ORSE:RRR1R) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Kurzemes prospekts 3, Riga, LVA, LV-1067

Website

http://www.rrr.lv

VEF Radiotehnika RRR is a Latvia based company engaged in the activity of purchase and sales of acoustic systems and their enclosures. It is also involved in the real estate renting services activity. The company primarily manufactures loudspeaker cabinets for companies in Italy, Germany and Czech Republic. Its products include Active Subwoofer, Center Channel, Floorstanding, Rigonda S Home Theater.

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