RMTO (RM2 International) Interest Expense: $-3.71 Mil (TTM As of Jun. 2020)


RMTO RM2 International Inc RMTO
16 GF Score
Price $0.03
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What is RM2 International Interest Expense?

RM2 International RMTO 16 Interest Expense is $-3.71 Mil as of Jun. 2020. GuruFocus rates RMTO with a GF Score™ of 16/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RM2 International's interest expense for the three months ended in Jun. 2020 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was $-3.71 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. RM2 International's Operating Income for the three months ended in Jun. 2020 was $ 0.00 Mil. RM2 International's Interest Expense for the three months ended in Jun. 2020 was $ 0.00 Mil. GuruFocus does not calculate RM2 International's interest coverage with the available data. 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.


RM2 International  (OTCPK:RMTO) 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.

RM2 International's Interest Expense for the three months ended in Jun. 2020 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2020 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2020 was $35.67 Mil.

RM2 International's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

GuruFocus does not calculate RM2 International'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.


RM2 International Interest Expense Historical Data

* Premium members only.

The historical data trend for RM2 International'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.

RM2 International Interest Expense Chart

RM2 International Annual Data
Trend Dec10 Dec11 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.45 -4.01 -3.55 -3.71 -3.56

RM2 International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Jun20
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 -0.93 -0.90 -0.94 -0.95 0.00
RMTO
16GF Score
RM2 International Inc RMTO
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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RM2 International 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 Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.71 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 $-3.71 Mil mean?
RM2 International (RMTO) has a Interest Expense of $-3.71 Mil as of Jun. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on RM2 International and its competitors.
Is RM2 International's Interest Expense too high?
RM2 International's current Interest Expense is $-3.71 Mil. Overall, RM2 International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does RM2 International's Interest Expense compare to SGBX?
RM2 International's Interest Expense of $-3.71 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 RM2 International and its competitors. RM2 International's current Interest Expense is $-3.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RM2 International stock overvalued right now?
RM2 International (RMTO) has a current Interest Expense of $-3.71 Mil. The current Interest Expense is $-3.71 Mil. RM2 International's overall GF Score™ is 16/100. 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 RM2 International (RMTO), the current Interest Expense is $-3.71 Mil as of Jun. 2020. 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.

RM2 International Business Description

Address 100 East Pine Street, Suite 110, Orlando, FL, USA, 32801
RM2 International Inc is engaged in providing pallet pooling solutions for supply chains through its BLOCKPal composite pallets. The company focuses on durable, hygienic, and automation-compatible pallets designed for high-volume distribution networks, offering solutions that improve load capacity, stability, safety, and operational efficiency across retail and logistics industries.
16GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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