RFBC (Romana Food Blockchain) Interest Expense: $-0.17 Mil (TTM As of Jan. 2018)

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What is Romana Food Blockchain Interest Expense?

Romana Food Blockchain RFBC -99.00% Interest Expense is $-0.17 Mil as of Jan. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Romana Food Blockchain's interest expense for the three months ended in Jan. 2018 was $ -0.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2018 was $-0.17 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. Romana Food Blockchain's Operating Income for the three months ended in Jan. 2018 was $ 1.03 Mil. Romana Food Blockchain's Interest Expense for the three months ended in Jan. 2018 was $ 0.00 Mil. Romana Food Blockchain's Interest Coverage for the quarter that ended in Jan. 2018 was 6.21. 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.

Romana Food Blockchain  (OTCPK:RFBC) 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.

Romana Food Blockchain's Interest Expense for the three months ended in Jan. 2018 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2018 was $1.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2018 was $11.93 Mil.

Romana Food Blockchain's Interest Coverage for the quarter that ended in Jan. 2018 is calculated as

GuruFocus does not calculate Romana Food Blockchain's interest coverage with the available data.

* 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.

Romana Food Blockchain Interest Expense Historical Data

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The historical data trend for Romana Food Blockchain'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.

Romana Food Blockchain Interest Expense Chart

Romana Food Blockchain Annual Data
Trend Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.00 -0.00 -0.01 -0.13

Romana Food Blockchain Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan17 Apr17 Jul17 Jan18
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 -0.13 0.00 0.00 -0.17

Romana Food Blockchain 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.17 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 $-0.17 Mil mean?
Romana Food Blockchain (RFBC) has a Interest Expense of $-0.17 Mil as of Jan. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Romana Food Blockchain and its competitors.
Is Romana Food Blockchain's Interest Expense too high?
Romana Food Blockchain's current Interest Expense is $-0.17 Mil.
How does Romana Food Blockchain's Interest Expense compare to FVRG?
Romana Food Blockchain's Interest Expense of $-0.17 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods 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 Romana Food Blockchain and its competitors. Romana Food Blockchain's current Interest Expense is $-0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Romana Food Blockchain stock overvalued right now?
Romana Food Blockchain (RFBC) has a current Interest Expense of $-0.17 Mil. The current Interest Expense is $-0.17 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 Romana Food Blockchain (RFBC), the current Interest Expense is $-0.17 Mil as of Jan. 2018. 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.

Romana Food Blockchain Business Description

Address 2910 South Sheridan Way, Oakville, ON, CAN, L6J 7J8
Romana Food Blockchain Corp is a USA based company that owns and operates a food processing plants specializing in Italian products. Its clients include Costco, Imvescor, Loblaws, Maxi, Metro, Provigo, Sobeys, Super C, and Trader Joe's.