Smart Ventures (Smart Ventures) Interest Expense : $0.00 Mil (TTM As of Sep. 2011)

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What is Smart Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smart Ventures's interest expense for the three months ended in Sep. 2011 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2011 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. Smart Ventures's Operating Income for the three months ended in Sep. 2011 was $ -0.00 Mil. Smart Ventures's Interest Expense for the three months ended in Sep. 2011 was $ 0.00 Mil. Smart Ventures 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.

Smart Ventures Interest Expense Historical Data

The historical data trend for Smart Ventures'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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Smart Ventures Interest Expense Chart

Smart Ventures Annual Data

Trend

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Interest Expense

Smart Ventures Quarterly Data
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Smart Ventures 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 Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Smart Ventures (GREY:SMVR) 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.

Smart Ventures's Interest Expense for the three months ended in Sep. 2011 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2011 was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2011 was $0.00 Mil.

Smart Ventures's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

Smart Ventures had no long-term debt ⁽¹⁾.

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

Smart Ventures (Smart Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Smart Ventures Inc (GREY:SMVR) » Definitions » Interest Expense

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Address

1907 Woerner Road, Houston, TX, USA, 77090

Website

http://www.smartventuresinc.us

Smart Ventures Inc is a diversified holding company. The company through its subsidiary is engaged in providing oil & gas drilling services, engineering (EPC), mineral mining, and also engaged in supplying of specialty chemicals.

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