What is Puradyn Filter Technologies Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Puradyn Filter Technologies's interest expense for the
three
months ended in Dec. 2019 was $ -0.11 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was $-0.41 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. Puradyn Filter Technologies's Operating Income for the
three
months ended in Dec. 2019 was $ -0.39 Mil. Puradyn Filter Technologies's Interest Expense for the
three
months ended in Dec. 2019 was $ -0.11 Mil.
Puradyn Filter Technologies 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.
Puradyn Filter Technologies 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.41 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.
Puradyn Filter Technologies (OTCPK:PFTI) 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.
Puradyn Filter Technologies's Interest Expense for the
three
months ended in Dec. 2019 was $-0.11 Mil. Its
Operating Income
for the
three
months ended in Dec. 2019 was $-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2019 was $9.04 Mil.
Puradyn Filter Technologies's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as
| Puradyn Filter Technologies 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.
Puradyn Filter Technologies (Puradyn Filter Technologies) Business Description
Traded in Other Exchanges
N/A
Address
2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
Executives
| Kevin G Kroger |
director, officer: President, Chief Operating Off |
4305 CHERRY HILL E. ORCHARD LAKE MI 48323 |
| Edward Vittoria |
director, 10 percent owner, officer: Chief Executive Officer |
C/O 2017 HIGH RIDGE ROAD BOYNTON BEACH FL 33426 |
| John S Caldwell |
director |
7902 SOUTH RUN VIEW, SPRINGFIELD VA 22153 |
| Joseph V Vittoria |
director, 10 percent owner, officer: Executive Chairman of Board |
P O BOX 66100 WHQLD CHICAGO IL 60666 |
| Alan J Sandler |
officer: Vice President and CAO |
21621 MAGDALENA TERRACE BOCA RATON FL 33433 |
| Dominick A Telesco |
director |
150 VIA BELLARIA PALM BEACH FL 33480 |
| Forrest Duane Hayes |
other: Former director |
56 WEXFORD ON THE GREEN HILTON HEAD ISLAND SC 29928 |
| Charles W Walton |
director |
25800 SCIENCE PARK DRIVE, SUITE 140 BEACHWOOD OH 44122 |
| Cindy Lea Gimler |
officer: Chief Financial Officer |
10779 CAMBAY CIRCLE BOYNTON BEACH FL 33437 |
| Kathryn Ann Morris |
other: Director of Corp Communic. |
52 BAYTREE CIRCLE BOYNTON BEACH FL 33436 |
| Doris W Clifton |
officer: VP Sales and Marketing |
7298 WILLIAMSON RD DALLAS TX 75214 |
| Richard C Ford |
director, 10 percent owner |
|
| Glenhill Advisors Llc |
10 percent owner |
600 FIFTH AVE, 11TH FL, NEW YORK NY 10020 |
| Glenn J Krevlin |
10 percent owner |
600 FIFTH AVE, 11TH FL, NEW YORK NY 10020 |
| Peter H Stephaich |
director |
525 WILLIAM PENN PL STE 3901 PITTSBURGH PA 15219 |
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