Spindle (Spindle) Interest Expense : $-1.03 Mil (TTM As of Sep. 2018)

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What is Spindle Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spindle's interest expense for the three months ended in Sep. 2018 was $ -0.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-1.03 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. Spindle's Operating Income for the three months ended in Sep. 2018 was $ -0.28 Mil. Spindle's Interest Expense for the three months ended in Sep. 2018 was $ -0.17 Mil. Spindle 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.

Spindle Interest Expense Historical Data

The historical data trend for Spindle'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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Spindle Interest Expense Chart

Spindle Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Interest Expense

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-0.02

-0.08

-0.49

Spindle Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.24	-0.17	-0.46	-0.17

Spindle 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.03 Mil.

Spindle (GREY:SPDL) 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.

Spindle's Interest Expense for the three months ended in Sep. 2018 was $-0.17 Mil. Its Operating Income for the three months ended in Sep. 2018 was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $0.00 Mil.

Spindle's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Spindle did not have earnings to cover the interest expense.

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

Spindle (Spindle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spindle Inc (GREY:SPDL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1201 S. Alma School Road, Suite 12500, Mesa, AZ, USA, 85210

Website

http://www.spindlehq.com

Spindle Inc provides marketing and commerce solutions through 'catalyst' brand. It is a platform which has been built to provide payment processing as well as integrated marketing programs. The catalyst solution focuses on small to medium-sized businesses and provides services related to business, payment, digital marketing, and customer engagement. It generates its revenue from the Catalyst Gateway process.

Spindle (Spindle) Headlines

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