What is Brainy Brands Co Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brainy Brands Co's interest expense for the
six
months ended in Dec. 2010 was $ -0.18 Mil.
Brainy Brands Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2010.
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. Brainy Brands Co's Operating Income for the
six
months ended in Dec. 2010 was $ -2.10 Mil. Brainy Brands Co's Interest Expense for the
six
months ended in Dec. 2010 was $ -0.18 Mil.
Brainy Brands Co 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.
Brainy Brands Co Interest Expense Historical Data
The historical data trend for Brainy Brands Co'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.
Brainy Brands Co Interest Expense Chart
|
Brainy Brands Co Annual Data
|
|
Trend |
Dec09 |
Dec10 |
| Interest Expense |
|
-0.10 |
-0.18 |
|
Brainy Brands Co Semi-Annual Data
|
|
Dec09 |
Dec10 |
| Interest Expense |
-0.10 |
-0.18 |
Brainy Brands Co Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Brainy Brands Co (OTCPK:TBBC) 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.
Brainy Brands Co's Interest Expense for the
six
months ended in Dec. 2010 was $-0.18 Mil. Its
Operating Income
for the
six
months ended in Dec. 2010 was $-2.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the
six
months ended in Dec. 2010 was $1.93 Mil.
Brainy Brands Co's Interest Coverage for the quarter that ended in Dec. 2010 is calculated as
| Brainy Brands Co 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.
Brainy Brands Co (Brainy Brands Co) Business Description
Traded in Other Exchanges
N/A
Address
Brainy Brands Company Inc. was incorporated under the laws of the State of Delaware on November 21, 2007 and began activity in 2008.Previously, it was known as Enter Corp. The proposed business plan of the Company is to use innovative agricultural technology and know-how to grow vegetables and other crops, initially in the former Soviet Republic of Georgia, and later in other selected locations. The Company is in the development stage and has yet to realize revenues from operations. It intends to locate a local, joint venture partner to co-invest with them in its pilot project on a 30-hectare plot of land. If it does not locate a local, joint venture partner but do raise funds, it will execute the Pilot Project on its own. It initially intended to conduct a pilot project at a suitable location, which it has found in the town of Natakhtari in Georgia. Its President, Mr. Ayalon, has the experience of setting up farming operations in foreign countries and is capable of hiring local staff and managing them for its farming operations. Since the growing season starts in March in most regions of Georgia, it has missed the 2010 growing season. Hence, 2010 will be dedicated to building its infrastructure and locating the financing it require for its Pilot Project. It intends to advertise in local newspapers in Georgia in order to attract a possible local, joint venture partner. It intends to begin its Pilot Project operation in March 2011. It intends to bring Western know-how and precision farming techniques to its Georgian operations. Precision farming is based on proper soil analysis, proper seed choice, and the use of precise amounts of fertilizer, herbicides and pesticides. The use of drip irrigation plays an important role in precision farming by enabling the delivery of exact amounts of water and fertilizer. Additionally, the proper timing of planting, harvesting, fertilizer and pest control are all part of what is known as "precision farming techniques". Precision farming helps improve crop yields, because it is a scientific method that treats each crop individually. The Pilot Project's main focus is to prove its ability to produce vegetables for the local market. It hopes to locate a distributor that will supply its produce to local retailers and local wholesalers who will purchase its produce.
Brainy Brands Co (Brainy Brands Co) Headlines
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