PSPW (3Power Energy Group) Interest Expense: $-0.22 Mil (TTM As of Dec. 2017)


What is 3Power Energy Group Interest Expense?

3Power Energy Group PSPW Interest Expense is $-0.22 Mil as of Dec. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 3Power Energy Group's interest expense for the three months ended in Dec. 2017 was $ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2017 was $-0.22 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. 3Power Energy Group's Operating Income for the three months ended in Dec. 2017 was $ -0.21 Mil. 3Power Energy Group's Interest Expense for the three months ended in Dec. 2017 was $ -0.06 Mil. 3Power Energy Group 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.

3Power Energy Group  (OTCPK:PSPW) 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.

3Power Energy Group's Interest Expense for the three months ended in Dec. 2017 was $-0.06 Mil. Its Operating Income for the three months ended in Dec. 2017 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2017 was $0.00 Mil.

3Power Energy Group's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

3Power Energy Group 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.

3Power Energy Group Interest Expense Historical Data

* Premium members only.

The historical data trend for 3Power Energy Group'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.

3Power Energy Group Interest Expense Chart

3Power Energy Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.07 -0.16 -0.17 -0.19

3Power Energy Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.05 -0.05 -0.06 -0.06

3Power Energy Group 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.22 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 $-0.22 Mil mean?
3Power Energy Group (PSPW) has a Interest Expense of $-0.22 Mil as of Dec. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on 3Power Energy Group and its competitors.
Is 3Power Energy Group's Interest Expense too high?
3Power Energy Group's current Interest Expense is $-0.22 Mil.
How does 3Power Energy Group's Interest Expense compare to SKYS and CPWR?
3Power Energy Group's Interest Expense of $-0.22 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Interest Expense depends on the Utilities - Independent Power Producers 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 3Power Energy Group and its competitors. 3Power Energy Group's current Interest Expense is $-0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3Power Energy Group stock overvalued right now?
3Power Energy Group (PSPW) has a current Interest Expense of $-0.22 Mil. The current Interest Expense is $-0.22 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 3Power Energy Group (PSPW), the current Interest Expense is $-0.22 Mil as of Dec. 2017. 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.

3Power Energy Group Business Description

Address Sh. Zayed Road, Sh. Rashid Building, PO Box 50006, Dubai, ARE, 10005
3Power Energy Group Inc is a holding company. It sells electricity generated by solar, wind, hydro, biomass and other renewable energy resources and also develops, builds and operates power plants based on these technologies as well as develops hydro-electric projects, owning and operating energy projects in the hydro, wind and solar power sectors in Albania. Its projects include the hydro-electrical project of Shala river in Albania.