VICA (Rafina Innovations) Interest Expense: $-1.61 Mil (TTM As of Mar. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VICA Rafina Innovations Inc VICA
12 GF Score
Price $0.00
View Full Analysis

What is Rafina Innovations Interest Expense?

Rafina Innovations VICA 12 Interest Expense is $-1.61 Mil as of Mar. 2019. GuruFocus rates VICA with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rafina Innovations's interest expense for the three months ended in Mar. 2019 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 was $-1.61 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. Rafina Innovations's Operating Income for the three months ended in Mar. 2019 was $ -0.62 Mil. Rafina Innovations's Interest Expense for the three months ended in Mar. 2019 was $ -0.00 Mil. Rafina Innovations 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.

Rafina Innovations  (OTCPK:VICA) 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.

Rafina Innovations's Interest Expense for the three months ended in Mar. 2019 was $-0.00 Mil. Its Operating Income for the three months ended in Mar. 2019 was $-0.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2019 was $0.00 Mil.

Rafina Innovations's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Rafina Innovations 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.

Rafina Innovations Interest Expense Historical Data

* Premium members only.

The historical data trend for Rafina Innovations'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.

Rafina Innovations Interest Expense Chart

Rafina Innovations Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 -0.38 -0.00 -0.01 -0.00

Rafina Innovations Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -0.00 -1.61 -0.00 -0.00 -0.00
VICA
12GF Score
Rafina Innovations Inc VICA
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafina Innovations 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.61 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 $-1.61 Mil mean?
Rafina Innovations (VICA) has a Interest Expense of $-1.61 Mil as of Mar. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rafina Innovations and its competitors.
Is Rafina Innovations' Interest Expense too high?
Rafina Innovations' current Interest Expense is $-1.61 Mil. Overall, Rafina Innovations has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Rafina Innovations' Interest Expense compare to RMSL and GTHP?
Rafina Innovations' Interest Expense of $-1.61 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Interest Expense depends on the Medical Devices & Instruments 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 Rafina Innovations and its competitors. Rafina Innovations's current Interest Expense is $-1.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafina Innovations stock overvalued right now?
Rafina Innovations (VICA) has a current Interest Expense of $-1.61 Mil. The current Interest Expense is $-1.61 Mil. Rafina Innovations' overall GF Score™ is 12/100. 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 Rafina Innovations (VICA), the current Interest Expense is $-1.61 Mil as of Mar. 2019. 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.

Rafina Innovations Business Description

Address 123 West Nye Lane, Suite 129, Carson City, NV, USA, 89706
Rafina Innovations Inc through its subsidiaries is involved in the development of monitoring technologies, set up of rehabilitation centers, development of intellectual property related to everyday fields such as healthcare, sports, automotive and gaming as well as the creation of full-service Prosthetics and Orthotics and Diabetic foot clinics chain in Europe and the Middle East. The firm's main products include Flexisense technology and Rehabilitation clinics etc. It has Clinics and Technology operating segments and derives a majority of its revenues from Clinics segment.
12GF Score

Get the complete analysis for VICA

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price