PSSS (Puissant Industries) Interest Expense: $-0.01 Mil (TTM As of Dec. 2013)


What is Puissant Industries Interest Expense?

Puissant Industries PSSS -99.50% Interest Expense is $-0.01 Mil as of Dec. 2013.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Puissant Industries's interest expense for the six months ended in Dec. 2013 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was $-0.01 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. Puissant Industries's Operating Income for the six months ended in Dec. 2013 was $ -0.20 Mil. Puissant Industries's Interest Expense for the six months ended in Dec. 2013 was $ -0.01 Mil. Puissant 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.

Puissant Industries  (OTCPK:PSSS) 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.

Puissant Industries's Interest Expense for the six months ended in Dec. 2013 was $-0.01 Mil. Its Operating Income for the six months ended in Dec. 2013 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2013 was $0.04 Mil.

Puissant Industries's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Puissant 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.

Puissant Industries Interest Expense Historical Data

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The historical data trend for Puissant 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.

Puissant Industries Interest Expense Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Interest Expense
0.00 -0.00 -0.00 -0.01

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Interest Expense 0.00 -0.00 -0.00 -0.01

Puissant 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. 2013 was $-0.01 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 $-0.01 Mil mean?
Puissant Industries (PSSS) has a Interest Expense of $-0.01 Mil as of Dec. 2013. Interest Expense is the amount a company pays on its long-term debt. View historical data on Puissant Industries and its competitors.
Is Puissant Industries' Interest Expense too high?
Puissant Industries' current Interest Expense is $-0.01 Mil.
How does Puissant Industries' Interest Expense compare to MS and GS?
Puissant Industries' Interest Expense of $-0.01 Mil can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good Interest Expense depends on the Capital Markets 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 Puissant Industries and its competitors. Puissant Industries's current Interest Expense is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puissant Industries stock overvalued right now?
Puissant Industries (PSSS) has a current Interest Expense of $-0.01 Mil. The current Interest Expense is $-0.01 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 Puissant Industries (PSSS), the current Interest Expense is $-0.01 Mil as of Dec. 2013. 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.

Puissant Industries Business Description

Address 480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Puissant Industries Inc is engaged in the business of Cryptocurrency Mining.