SING (SinglePoint) Interest Expense: $-3.43 Mil (TTM As of Dec. 2024)


SING SinglePoint Inc SING
12 GF Score
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What is SinglePoint Interest Expense?

SinglePoint SING 12 Interest Expense is $-3.43 Mil as of Dec. 2024. GuruFocus rates SING with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SinglePoint's interest expense for the three months ended in Dec. 2024 was $ -0.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-3.43 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. SinglePoint's Operating Income for the three months ended in Dec. 2024 was $ -2.16 Mil. SinglePoint's Interest Expense for the three months ended in Dec. 2024 was $ -0.61 Mil. SinglePoint did not have earnings to cover the interest expense. 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.

SinglePoint  (OTCPK:SING) 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.

SinglePoint's Interest Expense for the three months ended in Dec. 2024 was $-0.61 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-2.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.97 Mil.

SinglePoint's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

SinglePoint did not have earnings to cover the interest expense.

* 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.

SinglePoint Interest Expense Historical Data

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The historical data trend for SinglePoint'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.

SinglePoint Interest Expense Chart

SinglePoint Annual Data
Trend Oct08 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.66 -0.17 -1.61 -2.13 -3.43

SinglePoint Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.57 -1.44 -0.75 -0.63 -0.61
SING
12GF Score
SinglePoint Inc SING
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SinglePoint 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.43 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 $-3.43 Mil mean?
SinglePoint (SING) has a Interest Expense of $-3.43 Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on SinglePoint and its competitors.
Is SinglePoint's Interest Expense too high?
SinglePoint's current Interest Expense is $-3.43 Mil. Overall, SinglePoint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SinglePoint's Interest Expense compare to VSTTF and NOVAQ?
SinglePoint's Interest Expense of $-3.43 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Interest Expense depends on the Semiconductors 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 SinglePoint and its competitors. SinglePoint's current Interest Expense is $-3.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinglePoint stock overvalued right now?
SinglePoint (SING) has a current Interest Expense of $-3.43 Mil. The current Interest Expense is $-3.43 Mil. SinglePoint's overall GF Score™ is 12/100. 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 SinglePoint (SING), the current Interest Expense is $-3.43 Mil as of Dec. 2024. 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.

SinglePoint Business Description

Address 3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016
SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. Its primary focus is sustainability by providing an integrated solar energy solution for the customers and clean environment solutions through its air purification business. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector, addressing the need for air purification in schools and offices. The company is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service, and additional energy-efficient appliances that enhance sustainability.
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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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