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


What is TGI Solar Power Group Interest Expense?

TGI Solar Power Group TSPG Interest Expense is $-0.01 Mil as of Jul. 2023.

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  (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 Interest Expense Historical Data

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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.

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 0.00 -0.06 -0.01

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Interest Expense -0.01 -0.01 0.00 -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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.01 Mil mean?
TGI Solar Power Group (TSPG) has a Interest Expense of $-0.01 Mil as of Jul. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Interest Expense too high?
TGI Solar Power Group's current Interest Expense is $-0.01 Mil.
How does TGI Solar Power Group's Interest Expense compare to ASTI and PTOS?
TGI Solar Power Group's Interest Expense of $-0.01 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Semiconductors company?
A good Interest Expense depends on the Semiconductors industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on TGI Solar Power Group and its competitors. TGI Solar Power Group's current Interest Expense is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current Interest Expense of $-0.01 Mil. The current Interest Expense is $-0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For TGI Solar Power Group (TSPG), the current Interest Expense is $-0.01 Mil as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.