PURY (PureRay) Interest Expense: $0.00 Mil (TTM As of Jan. 2009)


What is PureRay Interest Expense?

PureRay PURY -95.00% Interest Expense is $0.00 Mil as of Jan. 2009.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PureRay's interest expense for the three months ended in Jan. 2009 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2009 was $0.00 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. PureRay's Operating Income for the three months ended in Jan. 2009 was $ -0.55 Mil. PureRay's Interest Expense for the three months ended in Jan. 2009 was $ 0.00 Mil. PureRay 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.

PureRay  (OTCPK:PURY) 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.

PureRay's Interest Expense for the three months ended in Jan. 2009 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2009 was $-0.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2009 was $0.00 Mil.

PureRay's Interest Coverage for the quarter that ended in Jan. 2009 is calculated as

PureRay had no long-term debt (1).

* 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.

PureRay Interest Expense Historical Data

* Premium members only.

The historical data trend for PureRay'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.

PureRay Interest Expense Chart

PureRay Annual Data
Trend Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

PureRay Quarterly Data
Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09
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 0.00 0.00 0.00 0.00 0.00

PureRay 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 Jan. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
PureRay (PURY) has a Interest Expense of $0.00 Mil as of Jan. 2009. Interest Expense is the amount a company pays on its long-term debt. View historical data on PureRay and its competitors.
Is PureRay's Interest Expense too high?
PureRay's current Interest Expense is $0.00 Mil.
How does PureRay's Interest Expense compare to GNAL and WAYS?
PureRay's Interest Expense of $0.00 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 PureRay and its competitors. PureRay's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PureRay stock overvalued right now?
PureRay (PURY) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 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 PureRay (PURY), the current Interest Expense is $0.00 Mil as of Jan. 2009. 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.

PureRay Business Description

Address 3490 Piedmont Road, Suite 1120, Atlanta, GA, USA, 30305
PureRay Corp designs, manufactures and distributes solar charging and lighting systems. It has developed a patent-pending, self-contained and solar-powered LED lighting system with a charging station and rechargeable bulbs.