Puget Technologies (Puget Technologies) Interest Expense : $-1.15 Mil (TTM As of Jul. 2021)

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What is Puget Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Puget Technologies's interest expense for the three months ended in Jul. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2021 was $-1.15 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. Puget Technologies's Operating Income for the three months ended in Jul. 2021 was $ -0.05 Mil. Puget Technologies's Interest Expense for the three months ended in Jul. 2021 was $ 0.00 Mil. Puget Technologies has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Puget Technologies Interest Expense Historical Data

The historical data trend for Puget Technologies'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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Puget Technologies Interest Expense Chart

Puget Technologies Annual Data

Trend

Oct11

Oct12

Oct13

Oct14

Oct19

Oct20

Interest Expense

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-0.07

-0.23

-0.94

Puget Technologies Quarterly Data
	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.89	-0.26	-	-

Puget 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 Jul. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.15 Mil.

Puget Technologies (OTCPK:PUGE) 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.

Puget Technologies's Interest Expense for the three months ended in Jul. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Jul. 2021 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2021 was $0.00 Mil.

Puget Technologies's Interest Coverage for the quarter that ended in Jul. 2021 is calculated as

Puget Technologies had no long-term debt ⁽¹⁾.

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

Puget Technologies (Puget Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Puget Technologies Inc (OTCPK:PUGE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 North Federal Highway, Suite 200-A, Boca Raton, FL, USA, 33432

Website

https://www.pugettechnologies.com

Puget Technologies Inc is a development-stage company in the United States.

Executives

Thomas M Jaspers	director, 10 percent owner, officer: Chief Financial Officer	8310 S VALLEY HIGHWAY SUITE 300 ENGLEWOOD CO 80112
Qest Acquisition Corp	10 percent owner	8310 S VALLEY HIGHWAY SUITE 300 ENGLEWOOD CO 80112

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