WARM (Cool Technologies) Interest Expense: $-0.56 Mil (TTM As of Sep. 2023)


What is Cool Technologies Interest Expense?

Cool Technologies WARM -90.00% Interest Expense is $-0.56 Mil as of Sep. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cool Technologies's interest expense for the three months ended in Sep. 2023 was $ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.56 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. Cool Technologies's Operating Income for the three months ended in Sep. 2023 was $ -0.25 Mil. Cool Technologies's Interest Expense for the three months ended in Sep. 2023 was $ -0.13 Mil. Cool Technologies 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.

Cool Technologies  (OTCPK:WARM) 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.

Cool Technologies's Interest Expense for the three months ended in Sep. 2023 was $-0.13 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.13 Mil.

Cool Technologies's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Cool Technologies 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.

Cool Technologies Interest Expense Historical Data

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The historical data trend for Cool Technologies'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.

Cool Technologies Interest Expense Chart

Cool Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.34 -2.03 -1.47 -1.68 -0.73

Cool Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.26 -0.08 -0.20 -0.17 -0.13

Cool Technologies 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.56 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 $-0.56 Mil mean?
Cool Technologies (WARM) has a Interest Expense of $-0.56 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Cool Technologies and its competitors.
Is Cool Technologies' Interest Expense too high?
Cool Technologies' current Interest Expense is $-0.56 Mil.
How does Cool Technologies' Interest Expense compare to MJHI and PHOT?
Cool Technologies' Interest Expense of $-0.56 Mil can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Interest Expense depends on the Industrial Distribution 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 Cool Technologies and its competitors. Cool Technologies's current Interest Expense is $-0.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cool Technologies stock overvalued right now?
Cool Technologies (WARM) has a current Interest Expense of $-0.56 Mil. The current Interest Expense is $-0.56 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 Cool Technologies (WARM), the current Interest Expense is $-0.56 Mil as of Sep. 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.

Cool Technologies Business Description

Address 8875 Hidden River Parkway, Suite 300, Tampa, FL, USA, 33637
Cool Technologies Inc is engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. Its market for products utilizing its technology includes consumer, industrial and military markets, both in the United States and across the world. The technology offered by the company includes heat dispersion technology and mobile power generation .