R-Three Technologies (R-Three Technologies) Interest Expense : $0.00 Mil (TTM As of Oct. 2016)

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What is R-Three Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. R-Three Technologies's interest expense for the three months ended in Oct. 2016 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2016 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. R-Three Technologies's Operating Income for the three months ended in Oct. 2016 was $ -0.13 Mil. R-Three Technologies's Interest Expense for the three months ended in Oct. 2016 was $ 0.00 Mil. R-Three Technologies 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.

R-Three Technologies Interest Expense Historical Data

The historical data trend for R-Three Technologies'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.

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R-Three Technologies Interest Expense Chart

R-Three Technologies Annual Data

Trend

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Interest Expense

R-Three Technologies Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

R-Three Technologies 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 Oct. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

R-Three Technologies (OTCPK:RRRT) 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.

R-Three Technologies's Interest Expense for the three months ended in Oct. 2016 was $0.00 Mil. Its Operating Income for the three months ended in Oct. 2016 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2016 was $0.00 Mil.

R-Three Technologies's Interest Coverage for the quarter that ended in Oct. 2016 is calculated as

R-Three Technologies had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

R-Three Technologies (R-Three Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » R-Three Technologies Inc (OTCPK:RRRT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1270 Ave of the Americas, 7th Floor-1053, New York, NY, USA, 10020

Website

https://r-threetechnologies.com

R-Three Technologies Inc is an early-stage development company with a success-driven Board which is focused on carefully pursuing several ventures it believes show promise.