VMRI (Valmie Resources) Interest Expense: $-0.01 Mil (TTM As of Feb. 2017)


What is Valmie Resources Interest Expense?

Valmie Resources VMRI -99.00% Interest Expense is $-0.01 Mil as of Feb. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valmie Resources's interest expense for the three months ended in Feb. 2017 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2017 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. Valmie Resources's Operating Income for the three months ended in Feb. 2017 was $ -0.21 Mil. Valmie Resources's Interest Expense for the three months ended in Feb. 2017 was $ 0.00 Mil. Valmie Resources 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.

Valmie Resources  (OTCPK:VMRI) 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.

Valmie Resources's Interest Expense for the three months ended in Feb. 2017 was $0.00 Mil. Its Operating Income for the three months ended in Feb. 2017 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2017 was $0.00 Mil.

Valmie Resources's Interest Coverage for the quarter that ended in Feb. 2017 is calculated as

Valmie Resources had no long-term debt (1).

* 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.

Valmie Resources Interest Expense Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources Interest Expense Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.01

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 -0.01 -0.01 0.00 0.00 0.00

Valmie Resources 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 Feb. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which 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?
Valmie Resources (VMRI) has a Interest Expense of $-0.01 Mil as of Feb. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Valmie Resources and its competitors.
Is Valmie Resources' Interest Expense too high?
Valmie Resources' current Interest Expense is $-0.01 Mil.
How does Valmie Resources' Interest Expense compare to CRTG and SFIV?
Valmie Resources' Interest Expense of $-0.01 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Interest Expense depends on the Hardware 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 Valmie Resources and its competitors. Valmie Resources'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 Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) 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 Valmie Resources (VMRI), the current Interest Expense is $-0.01 Mil as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.