PRPI (Perpetual Industries) Interest Expense: $-0.10 Mil (TTM As of Dec. 2022)


What is Perpetual Industries Interest Expense?

Perpetual Industries PRPI +0.03% Interest Expense is $-0.10 Mil as of Dec. 2022.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Perpetual Industries's interest expense for the six months ended in Dec. 2022 was $ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.10 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. Perpetual Industries's Operating Income for the six months ended in Dec. 2022 was $ -1.47 Mil. Perpetual Industries's Interest Expense for the six months ended in Dec. 2022 was $ -0.10 Mil. Perpetual Industries 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.

Perpetual Industries  (OTCPK:PRPI) 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.

Perpetual Industries's Interest Expense for the six months ended in Dec. 2022 was $-0.10 Mil. Its Operating Income for the six months ended in Dec. 2022 was $-1.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was $0.61 Mil.

Perpetual Industries's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Perpetual Industries 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.

Perpetual Industries Interest Expense Historical Data

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The historical data trend for Perpetual Industries'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.

Perpetual Industries Interest Expense Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Interest Expense
-0.04 -0.06 -0.15 -0.11 -0.10

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Interest Expense -0.04 -0.06 -0.15 -0.11 -0.10

Perpetual Industries Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.10 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 $-0.10 Mil mean?
Perpetual Industries (PRPI) has a Interest Expense of $-0.10 Mil as of Dec. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Interest Expense too high?
Perpetual Industries' current Interest Expense is $-0.10 Mil.
How does Perpetual Industries' Interest Expense compare to BRBL and JKSM?
Perpetual Industries' Interest Expense of $-0.10 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Perpetual Industries and its competitors. Perpetual Industries's current Interest Expense is $-0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Interest Expense of $-0.10 Mil. The current Interest Expense is $-0.10 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 Perpetual Industries (PRPI), the current Interest Expense is $-0.10 Mil as of Dec. 2022. 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.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.