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Reelcause (Reelcause) Interest Expense : $-0.90 Mil (TTM As of Sep. 2012)


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What is Reelcause Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reelcause's interest expense for the three months ended in Sep. 2012 was $ -0.20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2012 was $-0.90 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. Reelcause's Operating Income for the three months ended in Sep. 2012 was $ -0.14 Mil. Reelcause's Interest Expense for the three months ended in Sep. 2012 was $ -0.20 Mil. Reelcause 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.


Reelcause Interest Expense Historical Data

The historical data trend for Reelcause'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.

* Premium members only.

Reelcause Interest Expense Chart

Reelcause Annual Data
Trend Oct08 Oct09 Dec10 Dec11
Interest Expense
- - -0.47 -0.77

Reelcause Quarterly Data
Apr08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -0.21 -0.23 -0.23 -0.24 -0.20

Reelcause 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 Sep. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.90 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.


Reelcause  (OTCPK:RCIT) 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.

Reelcause's Interest Expense for the three months ended in Sep. 2012 was $-0.20 Mil. Its Operating Income for the three months ended in Sep. 2012 was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2012 was $0.00 Mil.

Reelcause's Interest Coverage for the quarter that ended in Sep. 2012 is calculated as

Reelcause 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.


Reelcause (Reelcause) Business Description

Traded in Other Exchanges
N/A
Address
4760 S Pecos Road, Suite 103, Las Vegas, NV, USA, 89121
Reelcause Inc focuses on commercializing patented technology related to new renewable energy projects. Its Product family include hydrogen gas range, hydrogen boiler, hydrogen hot air fan, hydrogen water purifier, hydrogen water source wave, hydrogen drone, hydrogen ene farm, and realization of smart farm using hydrogen boiler.

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