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SheerVision (SheerVision) Interest Expense : $-0.01 Mil (TTM As of May. 2010)


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What is SheerVision Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SheerVision's interest expense for the three months ended in May. 2010 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2010 was $-0.01 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. SheerVision's Operating Income for the three months ended in May. 2010 was $ 0.01 Mil. SheerVision's Interest Expense for the three months ended in May. 2010 was $ -0.00 Mil. SheerVision's Interest Coverage for the quarter that ended in May. 2010 was 13.00. 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.


SheerVision Interest Expense Historical Data

The historical data trend for SheerVision'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.

SheerVision Interest Expense Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.01

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 - - - - -

SheerVision 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 May. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.


SheerVision  (OTCPK:SVSO) 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.

SheerVision's Interest Expense for the three months ended in May. 2010 was $-0.00 Mil. Its Operating Income for the three months ended in May. 2010 was $0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2010 was $0.00 Mil.

SheerVision's Interest Coverage for the quarter that ended in May. 2010 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2010 )/Interest Expense (Q: May. 2010 )
=-1*0.013/-0.001
=13.00

* 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.


SheerVision (SheerVision) Business Description

Traded in Other Exchanges
N/A
Address
4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.

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