RNBI (Rainbow International) Interest Expense: $0.00 Mil (TTM As of Feb. 2014)

What is Rainbow International Interest Expense?

Rainbow International RNBI Interest Expense is $0.00 Mil as of Feb. 2014.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rainbow International's interest expense for the three months ended in Feb. 2014 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2014 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. Rainbow International's Operating Income for the three months ended in Feb. 2014 was $ -0.00 Mil. Rainbow International's Interest Expense for the three months ended in Feb. 2014 was $ 0.00 Mil. Rainbow International 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.

Rainbow International (OTCPK:RNBI) 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.

Rainbow International's Interest Expense for the three months ended in Feb. 2014 was $0.00 Mil. Its Operating Income for the three months ended in Feb. 2014 was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2014 was $0.00 Mil.

Rainbow International's Interest Coverage for the quarter that ended in Feb. 2014 is calculated as

Rainbow International 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.

Rainbow International Interest Expense Historical Data

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The historical data trend for Rainbow International's Interest Expense can be seen below:

Rainbow International Interest Expense Chart

Rainbow International Annual Data

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Rainbow International Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14
Interest Expense	Get a 7-Day Free Trial							0.00	0.00	0.00	0.00	0.00

Rainbow 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 Feb. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $0.00 Mil mean?

Rainbow International (RNBI) has a Interest Expense of $0.00 Mil as of Feb. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rainbow International and its competitors.

Is Rainbow International's Interest Expense too high?

Rainbow International's current Interest Expense is $0.00 Mil.

How does Rainbow International's Interest Expense compare to competitors?

Rainbow International's Interest Expense of $0.00 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?

A good Interest Expense depends on the Drug Manufacturers 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 Rainbow International and its competitors. Rainbow International'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 Rainbow International stock overvalued right now?

Rainbow International (RNBI) 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 Rainbow International (RNBI), the current Interest Expense is $0.00 Mil as of Feb. 2014. 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.

Rainbow International Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies IST:GENTS IST:PRKME

Address 17422 East Progress Drive, Suite 107, Centennial, CO, USA

Website http://www.rainbowinternationalcorporation.com

Rainbow International Corp is a United States based company engaged in the commercial production of hemp, by growing hemp in greenhouses and on acreage, then formulate, package and distribute its own line of hemp-based products.