GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Solidus Communications Inc (OTCPK:SLDC) » Definitions » Interest Expense

SLDC (Solidus Communications) Interest Expense : $-0.87 Mil (TTM As of Nov. 2016)


View and export this data going back to . Start your Free Trial

What is Solidus Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solidus Communications's interest expense for the six months ended in Nov. 2016 was $ -0.87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2016 was $-0.87 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. Solidus Communications's Operating Income for the six months ended in Nov. 2016 was $ -0.31 Mil. Solidus Communications's Interest Expense for the six months ended in Nov. 2016 was $ -0.87 Mil. Solidus Communications 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.

Solidus Communications Interest Expense Historical Data

The historical data trend for Solidus Communications'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.

* Premium members only.

Solidus Communications Interest Expense Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.24 -0.17 -1.31 -0.87

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.24 -0.17 -1.31 -0.87

Solidus Communications Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Nov. 2016 was $-0.87 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.

Solidus Communications  (OTCPK:SLDC) 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.

Solidus Communications's Interest Expense for the six months ended in Nov. 2016 was $-0.87 Mil. Its Operating Income for the six months ended in Nov. 2016 was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2016 was $0.00 Mil.

Solidus Communications's Interest Coverage for the quarter that ended in Nov. 2016 is calculated as

Solidus Communications 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.

Solidus Communications Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Solidus Communications Inc (OTCPK:SLDC) » Definitions » Interest Expense
Comparable Companies
HMMR DTGI TMUS SHSE:600941 T VZ XTER:DTE CMCSA NSE:BHARTIARTL HKSE:00728 TSE:9984 TSE:9432 TSE:9434 TSE:9433 SAU:7010 CHTR MEX:AMXB HKSE:00762 SGX:Z74 ADX:EAND
Traded in Other Exchanges
N/A
Address
260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Website
https://www.soliduscommunications.com
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in three segments; Business, Governmental, and Residential.
Executives
Jmz Alliance Group, Inc. 10 percent owner 1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr. director, officer: CEO, President 111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains director, 10 percent owner, officer: President, Secretary-Treasurer 7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

Solidus Communications Headlines

From GuruFocus

Solidus Communications, Inc. is Pleased to Report on Direction, Growth, and Acquisitions

By sperokesalga sperokesalga • 04-18-2023

Solidus Communications Announces Appointment of Thomas A. Langford as Director

By ACCESSWIRE • 01-11-2024