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

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What is Polymeric Resources Interest Expense?

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

Polymeric Resources Interest Expense Historical Data

The historical data trend for Polymeric Resources'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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Polymeric Resources Interest Expense Chart

Polymeric Resources Annual Data

Trend

Interest Expense

Polymeric Resources Quarterly Data

Interest Expense

Polymeric Resources Interest Expense Calculation

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

Polymeric Resources (OTCPK:PLYR) 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.

Polymeric Resources'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.

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

Polymeric Resources had no long-term debt ⁽¹⁾.

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

Polymeric Resources (Polymeric Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polymeric Resources Corp (OTCPK:PLYR) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

55 Haul Road, Wayne, NJ, USA, 07470-6677

Website

http://www.nylene.com

Polymeric Resources Corp producers of engineering thermoplastics. It has pioneered the process to convert various sub-standard nylon products to recycled content feedstock for a variety of end-uses.

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