WNFT (Worldwide NFT) Interest Expense: $0.00 Mil (TTM As of Dec. 2023)


What is Worldwide NFT Interest Expense?

Worldwide NFT WNFT +7.69% Interest Expense is $0.00 Mil as of Dec. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Worldwide NFT's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 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. Worldwide NFT's Operating Income for the three months ended in Dec. 2023 was $ -0.03 Mil. Worldwide NFT's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Worldwide NFT 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.


Worldwide NFT  (OTCPK:WNFT) 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.

Worldwide NFT's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Worldwide NFT's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Worldwide NFT 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.


Worldwide NFT Interest Expense Historical Data

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The historical data trend for Worldwide NFT'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.

Worldwide NFT Interest Expense Chart

Worldwide NFT Annual Data
Trend Jun12 Jun21 Jun22 Jun23
Interest Expense
0.00 -0.03 0.00 0.00

Worldwide NFT Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.00 0.00 0.00 0.00 0.00

Worldwide NFT 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
Worldwide NFT (WNFT) has a Interest Expense of $0.00 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Worldwide NFT and its competitors.
Is Worldwide NFT's Interest Expense too high?
Worldwide NFT's current Interest Expense is $0.00 Mil.
How does Worldwide NFT's Interest Expense compare to BSLK and GPLB?
Worldwide NFT's Interest Expense of $0.00 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services 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 Worldwide NFT and its competitors. Worldwide NFT's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worldwide NFT stock overvalued right now?
Worldwide NFT (WNFT) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 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 Worldwide NFT (WNFT), the current Interest Expense is $0.00 Mil as of Dec. 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.

Worldwide NFT Business Description

Address 3535 Executive Terminal Drive, Suite 150, Henderson, NV, USA, 89052
Worldwide NFT Inc is a shell company.