Technovative Group (Technovative Group) Interest Expense : $0.00 Mil (TTM As of Sep. 2018)

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What is Technovative Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Technovative Group's interest expense for the three months ended in Sep. 2018 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 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. Technovative Group's Operating Income for the three months ended in Sep. 2018 was $ -0.51 Mil. Technovative Group's Interest Expense for the three months ended in Sep. 2018 was $ 0.00 Mil. Technovative Group 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.

Technovative Group Interest Expense Historical Data

The historical data trend for Technovative Group'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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Technovative Group Interest Expense Chart

Technovative Group Annual Data

Trend

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Interest Expense

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-0.10

Technovative Group Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Technovative Group 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 $0.00 Mil.

Technovative Group (GREY:TEHG) 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.

Technovative Group's Interest Expense for the three months ended in Sep. 2018 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2018 was $-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $0.00 Mil.

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

Technovative Group had no long-term debt ⁽¹⁾.

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

Technovative Group (Technovative Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Technovative Group Inc (GREY:TEHG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Canton Road, Unit 701, 7th Floor, Tower 2, Silvercord, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.technovative.co

Technovative Group Inc is a technology software development company focused in the financial technology industry by providing blockchain solutions and big data analytics technologies to financial service institutions in the Greater China Region and the Southeast Asia Region. The company's product consists of Hedu SmartSuite, SmartCon, SmartTrader, and SmartWallet. The company earns revenue in the form of subscription, referral fees, and services, and data analytics and market research.

Technovative Group (Technovative Group) Headlines

From GuruFocus

TECHNOVATIVE GROUP INC., SIGNS STRATEGIC PARTNERSHIP AGREEMENT WITH JOGET, INC.

By Marketwired Marketwired • 09-24-2018