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TGI Solar Power Group (TGI Solar Power Group) Interest Expense : $-0.01 Mil (TTM As of Jul. 2023)


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What is TGI Solar Power Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TGI Solar Power Group's interest expense for the six months ended in Jul. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 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. TGI Solar Power Group's Operating Income for the six months ended in Jul. 2023 was $ -0.04 Mil. TGI Solar Power Group's Interest Expense for the six months ended in Jul. 2023 was $ -0.01 Mil. TGI Solar Power Group 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.

TGI Solar Power Group Interest Expense Historical Data

The historical data trend for TGI Solar Power 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.

* Premium members only.

TGI Solar Power Group Interest Expense Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Interest Expense
-0.01 -0.01 - -0.06 -0.01

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Interest Expense -0.01 -0.01 - -0.06 -0.01

TGI Solar Power Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jul. 2023 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.

TGI Solar Power Group  (OTCPK:TSPG) 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.

TGI Solar Power Group's Interest Expense for the six months ended in Jul. 2023 was $-0.01 Mil. Its Operating Income for the six months ended in Jul. 2023 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2023 was $0.00 Mil.

TGI Solar Power Group's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

TGI Solar Power Group 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.

TGI Solar Power Group (TGI Solar Power Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TGI Solar Power Group Inc (OTCPK:TSPG) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
1801 North East 123rd Street, North Miami, FL, USA, 33181
Website
https://www.tgipower.com
TGI Solar Power Group Inc is engaged in the business of providing potential alternative energy solutions to residential and business customers. The company offers services such as Management Consulting, Project Management, International Business Development, Strategic Alliances, New Technology Incubator, Smart Sustainable City Development & Many More.
Executives
R Paul Gray director, 10 percent owner, officer: Executive VP of Business Dev. C/O UNITED THERAPEUTICS CORP, 1110 SPRING STREET, SILVER SPRINGS MD 20910
David A Dedman director 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Neil Booth Strodel director 6 TEASEL LANE, SKANEATELES NY 13152
Wisneski John Thomas Jr director 2706 CLEARVIEW ROAD, ALLISON PARK PA 15101
Matthew Freeman Taylor director, other: Self 839 SOUTHRIDGE GREENS BLVD, FORT COLLINS CO 80525
Sequence Holdings Llc 10 percent owner 192 EAST BAY STREET, SUITE 300, CHARLESTON SC 29401
Linda Joy Putnam officer: Vice President and CFO 141 HERNDON MILL CIRCLE, HERNDON VA 20170
Core Concepts, Llc 10 percent owner 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Timothy S Novak director, 10 percent owner, other: * See Remarks 8374 MARKET ST, STE 439, BRADENTON FL 34202
Tenthgate, Inc. 10 percent owner 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147