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TNRG (Thunder Energies) Interest Expense : $-0.47 Mil (TTM As of Jun. 2024)


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What is Thunder Energies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thunder Energies's interest expense for the three months ended in Jun. 2024 was $ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.47 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. Thunder Energies's Operating Income for the three months ended in Jun. 2024 was $ -1.08 Mil. Thunder Energies's Interest Expense for the three months ended in Jun. 2024 was $ -0.09 Mil. Thunder Energies 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.


Thunder Energies Interest Expense Historical Data

The historical data trend for Thunder Energies'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.

Thunder Energies Interest Expense Chart

Thunder Energies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.49 -1.79 -3.98 -2.70

Thunder Energies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.07 -0.21 -0.09 -0.08 -0.09

Thunder Energies 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.47 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.


Thunder Energies  (OTCPK:TNRG) 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.

Thunder Energies's Interest Expense for the three months ended in Jun. 2024 was $-0.09 Mil. Its Operating Income for the three months ended in Jun. 2024 was $-1.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $0.00 Mil.

Thunder Energies's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Thunder Energies 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.


Thunder Energies Business Description

Traded in Other Exchanges
N/A
Address
1100 Peachtree Street NE, Suite 200, Atlanta, GA, USA, 30309
Thunder Energies Corp is engaged in increasing the shareholder value by divesting from its CBD/Hemp retail cannabidiol business model and expanding its investments footprint into the following business sectors to create a diversified portfolio of the following: 1) Diversified cash-flowing assets such as fixed-income, 2) Commercial real estate projects that include resorts and associated timeshare and condo developments, 3) Entertainment venues including indoor outdoor water parks, family entertainment centers, adventure parks, 4) Residential real estate projects that include eco-friendly multi-family housing and 5)Precious metal/mineral mining ventures.
Executives
Saveene Corp 10 percent owner 224 DATURA ST. #1015, WEST PALM BEACH FL 33401
Ruggero M Santilli director, 10 percent owner, officer: Chief Executive Officer 35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Brian Keith Buckley 10 percent owner 4637 MURCROSS LN, NEW PORT RICHEY FL 34653
William George Gaines officer: President, COO 1444 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Margaret Haberlin Currey officer: Chief Executive Officer 1444 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Hadronic Technologies Press, Inc. 10 percent owner 35246 US HIGHWAY 19 NORTH, SUITE #215, PALM HARBOR FL 34684
R.m. Santilli Foundation, Inc. 10 percent owner 35246 US HIGHWAY 19 NORTH, SUITE #215, PALM HARBOR FL 34684
Global Beta, Llc 10 percent owner 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Clean Energies Tech Co. 10 percent owner 35246 US 19 NORTH, SUITE 215, PALM HARBOR FL 34684
Carla Santilli director, 10 percent owner, officer: Secretary, Treasurer 90 EASTWINDS CT., PALM HARBOR FL 34683