Reynaldos Mexican Food Co (Reynaldos Mexican Food Co) Interest Expense : $0.00 Mil (TTM As of Jun. 2023)

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What is Reynaldos Mexican Food Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reynaldos Mexican Food Co's interest expense for the three months ended in Jun. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 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. Reynaldos Mexican Food Co's Operating Income for the three months ended in Jun. 2023 was $ -0.01 Mil. Reynaldos Mexican Food Co's Interest Expense for the three months ended in Jun. 2023 was $ 0.00 Mil. Reynaldos Mexican Food Co 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.

Reynaldos Mexican Food Co Interest Expense Historical Data

The historical data trend for Reynaldos Mexican Food Co'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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Reynaldos Mexican Food Co Interest Expense Chart

Reynaldos Mexican Food Co Annual Data

Trend

Dec21

Dec22

Interest Expense

Reynaldos Mexican Food Co Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
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Reynaldos Mexican Food Co 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Reynaldos Mexican Food Co (OTCPK:RYNL) 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.

Reynaldos Mexican Food Co's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.00 Mil.

Reynaldos Mexican Food Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Reynaldos Mexican Food Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Reynaldos Mexican Food Co Inc has enough cash to cover all of its debt. Its financial situation is stable.

Reynaldos Mexican Food Co (Reynaldos Mexican Food Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Reynaldos Mexican Food Co Inc (OTCPK:RYNL) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

89 Queensway, 1113, Tower 2, Lippo Centre, Admiralty, HKG

Website

http://www.rmfood.com

Reynaldos Mexican Food Co Inc is engaged in production and distribution of fresh and frozen Mexican foods.

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