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WDDD (Worlds) Interest Expense : $-0.08 Mil (TTM As of Dec. 2024)


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What is Worlds Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Worlds's interest expense for the three months ended in Dec. 2024 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.08 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. Worlds's Operating Income for the three months ended in Dec. 2024 was $ -0.12 Mil. Worlds's Interest Expense for the three months ended in Dec. 2024 was $ -0.02 Mil. Worlds 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.


Worlds Interest Expense Historical Data

The historical data trend for Worlds'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.

* Premium members only.

Worlds Interest Expense Chart

Worlds Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.08 -0.08 -0.08 -0.08

Worlds Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.02 -0.02 -0.02 -0.02 -0.02

Worlds 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 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.


Worlds  (OTCPK:WDDD) 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.

Worlds's Interest Expense for the three months ended in Dec. 2024 was $-0.02 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.00 Mil.

Worlds's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Worlds 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.


Worlds Business Description

Traded in Other Exchanges
N/A
Address
11 Royal Road, Brookline, MA, USA, 02445
Worlds Inc is a company that designs and develops software, content, and related technology for the creation of interactive, three-dimensional (3D) portals and websites. The company creates its Internet sites, as well as sites available through third-party online service providers. It focuses on the development of virtual worlds which has several applications comprising a virtual meeting place, a 3D e-commerce store, a virtual classroom, and others. The core technologies developed by it include WorldsShaper, WorldsServer, WorldsBrowser, WorldsPlayer, and Worlds Gamma Libraries.
Executives
Edward J Gildea director C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Thomas Philip Duterme director 111 PACCHETTI WAY, MOUNTAIN VIEW CA 94040
Steven Chrust 10 percent owner C/O SGC ADVISORY SERVICES INC, 1786 BEDFORD STREET, STANFORD CT 06905
Thomas Kidrin director, 10 percent owner, officer: President & CEO 11 ROYAL ROAD, BROOKLINE MA 02445
Bernard Stolar director 4401 WILSHIRE BLVD., SUITE 200, LOS ANGELES CA 90010
Jay Coleman director 310 EAST 46TH ST. APT 9 F, NEW YORK NY 10017
Robert N Fireman director 145 ROSEMARY ST. SUITE H-2, NEEDHAM MA 02494