SRNW (Stratos Renewables) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)

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What is Stratos Renewables Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stratos Renewables's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 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. Stratos Renewables's Operating Income for the three months ended in Sep. 2024 was $ -0.01 Mil. Stratos Renewables's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Stratos Renewables 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.

Stratos Renewables Interest Expense Historical Data

The historical data trend for Stratos Renewables'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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Stratos Renewables Interest Expense Chart

Stratos Renewables Annual Data

Trend

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Interest Expense

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Stratos Renewables Quarterly Data
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Stratos Renewables 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Stratos Renewables (OTCPK:SRNW) 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.

Stratos Renewables's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Stratos Renewables's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Stratos Renewables had no long-term debt ⁽¹⁾.

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

Good Sign:

Stratos Renewables Corp has no debt.

Stratos Renewables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Stratos Renewables Corp (OTCPK:SRNW) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

3535 Executive Terminal Drive, Henderson, NV, USA, 89052

Website

https://www.stratosrenewables.com

Stratos Renewables Corp is a shell company and is exploring opportunities to identify targets for acquisition.

Executives

I2bf Biodiesel Ltd	10 percent owner	650 PAGE MILL ROAD, PALO ALTO CA 94304
Leonard Brooks	director	9440 LITTLE SANTA MONICA BOULEVARD, SUITE 401, BEVERLY HILLS CA 90210
Thomas Charles Snyder	officer: President	AVENUE DE MESSIDOR 310, BRUSSELS C9 1180
Stephen L Norris	director	1701 SOUTH FLAGLER DRIVE 1807, WEST PALM BEACH FL 33401
Valerie A Broadbent	officer: SECRETARY	9440 LITTLE SANTA MONICA BLVD, SUITE 401, BEVERLY HILLS CA 90210
Sanjay Pai	officer: Chief Strategy Officer	200 EAST 64TH STREET 4B, NEW YORK NY 10065
Luis Humberto Goyzueta	director, 10 percent owner, officer: President	CALLE LOS EUCHARIZ 150, DPTO 201, MONTERRICO R5 PERU
Goyzueta Angobaldo Gustavo Adolfo	officer: Secretary	CALLE LA CORUNA 149, URB. LA ESTANCIA, LA MOLINA, LIMA R5 12
Steven Magami	director, 10 percent owner	C/O ARC INVESTMENT PARTNERS, LLC, 9440 LITTLE SANTA MONICA BLVD, SUITE 400, BEVERLY HILLS CA 90210
Julio Cesar Alonso	officer: Chief Financial Officer	9440 LITTLE SANTA MONICA, SUITE 401, BEVERLY HILLS CA 90210
Carlos Antonio Salas	director, officer: Chief Executive Officer	9440 LITTLE SANTA MONICA, SUITE 401, BEVERLY HILLS CA 90210
De Las Casas Luis Francisco	director	9440 LITTLE SANTA MONICA, SUITE 401, BEVERLY HILLS CA 90210
Jorge Eduardo Aza	officer: Chief Operating Officer	9440 LITTLE SANTA MONICA, SUITE 401, BEVERLY HILLS CA 90210

Stratos Renewables Headlines

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