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

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What is PaperClip Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PaperClip's interest expense for the three months ended in . 20 was $ 0.00 Mil. PaperClip 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. PaperClip's Operating Income for the three months ended in . 20 was $ 0.00 Mil. PaperClip's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. PaperClip 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.

PaperClip Interest Expense Historical Data

The historical data trend for PaperClip'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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PaperClip Interest Expense Chart

PaperClip Annual Data

Trend

Interest Expense

PaperClip Quarterly Data

Interest Expense

PaperClip Interest Expense Calculation

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

PaperClip (OTCPK:PCPJ) 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.

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

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

PaperClip had no long-term debt ⁽¹⁾.

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

PaperClip (PaperClip) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PaperClip Inc (OTCPK:PCPJ) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

One University Plaza, Suite 518, Hackensack, NJ, USA, 07601

Website

https://www.paperclip.com

PaperClip Inc is a United States-based company engaged in developing and marketing services that enable effective communications within a company and with third parties. It provides solutions to reduce overhead associated with the capture, management, transmission, and storage of paper, images, faxes, and reports. The company's line of products and services enables companies to receive, input, process, access, store, manage, and deliver documents in electronic format. It offers solutions such as Virtual Client Folder (VCF), eM4, Internet Express, and Capture Place.