Wiremedia (Wiremedia) Interest Expense : $ Mil (TTM As of Sep. 2023)

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What is Wiremedia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wiremedia's interest expense for the six months ended in Sep. 2023 was $ 0.00 Mil. Wiremedia does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2023.

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. Wiremedia's Operating Income for the six months ended in Sep. 2023 was $ 0.00 Mil. Wiremedia's Interest Expense for the six months ended in Sep. 2023 was $ 0.00 Mil. Wiremedia 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.

Wiremedia Interest Expense Historical Data

The historical data trend for Wiremedia'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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Wiremedia Interest Expense Chart

Wiremedia Annual Data

Trend

Interest Expense

Wiremedia Semi-Annual Data
	Sep23
Interest Expense	-

Wiremedia Interest Expense Calculation

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

Wiremedia (OTCPK:WRMA) 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.

Wiremedia's Interest Expense for the six months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $0.00 Mil.

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

Wiremedia had no long-term debt ⁽¹⁾.

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

Wiremedia (Wiremedia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wiremedia Inc (OTCPK:WRMA) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501

Website

https://www.wiremedia.net

Wiremedia Inc focuses on creating mobile technologies and data applications. It offers mobile content marketing and distribution services to deliver mobile applications, services, and content to various industries and sectors. The company also manages a portfolio of business operations involving applications for Mobile Devices, Digital Media, and Marketplace.

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