VTXB (Vortex Brands Co) Interest Expense : $ Mil (TTM As of Jun. 2007)

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What is Vortex Brands Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vortex Brands Co's interest expense for the six months ended in Jun. 2007 was $ 0.00 Mil. Vortex Brands Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2007.

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. Vortex Brands Co's Operating Income for the six months ended in Jun. 2007 was $ -0.04 Mil. Vortex Brands Co's Interest Expense for the six months ended in Jun. 2007 was $ 0.00 Mil. Vortex Brands Co 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.

Vortex Brands Co Interest Expense Historical Data

The historical data trend for Vortex Brands Co'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.

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Vortex Brands Co Interest Expense Chart

Vortex Brands Co Annual Data

Trend

Jun05

Jun06

Jun07

Interest Expense

Vortex Brands Co Semi-Annual Data
	Jun05	Jun06	Jun07
Interest Expense	-	-	-

Vortex Brands Co Interest Expense Calculation

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

Vortex Brands Co (OTCPK:VTXB) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vortex Brands Co's Interest Expense for the six months ended in Jun. 2007 was $0.00 Mil. Its Operating Income for the six months ended in Jun. 2007 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2007 was $0.00 Mil.

Vortex Brands Co's Interest Coverage for the quarter that ended in Jun. 2007 is calculated as

Vortex Brands Co had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Vortex Brands Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vortex Brands Co (OTCPK:VTXB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835

Website

https://www.vortexbrands.us

Vortex Brands Co is involved in Bitcoin mining. The company is actively mining Bitcoin by purchasing and maintaining ASIC (application-specific integrated circuit) computers specifically designed for Bitcoin mining and scaling up mining operations.

Executives

Alfred M. Dube	director	950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber	officer: Executive Officer	950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler	officer: Executive Vice President	950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes	director, 10 percent owner	950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves	officer: Vice President of Exploration	950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma	10 percent owner	8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova	director, other: Vice Chairman	122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud	director, officer: PRESIDENT & CEO	950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet	director	29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail	director	950 17TH STREET, SUITE 2300, DENVER CO 80202