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Worldwide Strategies (Worldwide Strategies) Interest Expense : $-0.07 Mil (TTM As of Apr. 2023)


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What is Worldwide Strategies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Worldwide Strategies's interest expense for the three months ended in Apr. 2023 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2023 was $-0.07 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 Strategies's Operating Income for the three months ended in Apr. 2023 was $ -0.07 Mil. Worldwide Strategies's Interest Expense for the three months ended in Apr. 2023 was $ -0.02 Mil. Worldwide Strategies 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.

Worldwide Strategies Interest Expense Historical Data

The historical data trend for Worldwide Strategies'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.

Worldwide Strategies Interest Expense Chart

Worldwide Strategies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul20 Jul21 Jul22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.16 -0.05 -0.05 -0.05

Worldwide Strategies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 -0.01 -0.01 -0.01 -0.02 -0.02

Worldwide Strategies 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 Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 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.

Worldwide Strategies  (OTCPK:WWSG) 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 Strategies's Interest Expense for the three months ended in Apr. 2023 was $-0.02 Mil. Its Operating Income for the three months ended in Apr. 2023 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2023 was $0.09 Mil.

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

Worldwide Strategies 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.

Worldwide Strategies (Worldwide Strategies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Worldwide Strategies Inc (OTCPK:WWSG) » Definitions » Interest Expense
Comparable Companies
PLPL UBYH VHLD AVVH MMNT BOPO AMLH GYGC LTUS ASPR DWAC BOM:543385 SCRM CVII AACT SAGA LSE:ADMR ALCC SLAM ANSC
Traded in Other Exchanges
N/A
Address
1961 NW 150 Avenue, Suite 205, Pembroke Pines, FL, USA, 33208
Website
http://www.worldwide-strategies.com
Worldwide Strategies Inc is a shell company.
Executives
Thomas Edward Mccabe officer: Chief Financial Officer 10108 S HUDSON AVE, TULSA OK 74137
Gregory L Kinney director 2107 GEDDES RD, ROCKFORD IL 61103
James Bradley Crelia 10 percent owner 8125 RIVIERA BEACH DR, LAS VEGAS NV 89128
Donald A Christensen director
James P Samuels director, 10 percent owner, officer: CEO 3801 E FLORIDA AVE, #400, DENVER CO 80210
Edward J Weisberg director 18 WHISPERING PINE ROAD, SUDBURY MA 01776
Frank J Deleo director 1517 TENNISON PARKWAY, COLLEYVILLE TX 76034
W. Earl Somerville director, officer: CFO 3801 E. FLORIDA AVE. SUITE 400, DENVER CO 80210
Robert T Kane director 3620 MAIN STREET, MUNHALL PA 15120

Worldwide Strategies (Worldwide Strategies) Headlines

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