Blue Shark Power System (XPAR:MLBSP) Interest Expense: € Mil (TTM As of Dec. 2017)


What is Blue Shark Power System Interest Expense?

Blue Shark Power System XPAR:MLBSP Interest Expense is € Mil as of Dec. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blue Shark Power System's interest expense for the six months ended in Dec. 2017 was € 0.00 Mil. Blue Shark Power System does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2017.

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. Blue Shark Power System's Operating Income for the six months ended in Dec. 2017 was € 0.04 Mil. Blue Shark Power System's Interest Expense for the six months ended in Dec. 2017 was € 0.00 Mil. Blue Shark Power System 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.

Blue Shark Power System  (XPAR:MLBSP) 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.

Blue Shark Power System's Interest Expense for the six months ended in Dec. 2017 was €0.00 Mil. Its Operating Income for the six months ended in Dec. 2017 was €0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2017 was €0.00 Mil.

Blue Shark Power System's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Blue Shark Power System 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.

Blue Shark Power System Interest Expense Historical Data

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The historical data trend for Blue Shark Power System'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.

Blue Shark Power System Interest Expense Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
Interest Expense
0.00 0.00 0.00

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
Interest Expense 0.00 0.00 0.00

Blue Shark Power System Interest Expense Calculation

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

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of € Mil mean?
Blue Shark Power System (XPAR:MLBSP) has a Interest Expense of € Mil as of Dec. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Blue Shark Power System and its competitors.
Is Blue Shark Power System's Interest Expense too high?
Blue Shark Power System's current Interest Expense is € Mil.
How does Blue Shark Power System's Interest Expense compare to ?
Blue Shark Power System's Interest Expense of € Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Interest Expense depends on the Utilities - Independent Power Producers 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 Blue Shark Power System and its competitors. Blue Shark Power System's current Interest Expense is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current Interest Expense of € Mil. The current Interest Expense is € 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 Blue Shark Power System (XPAR:MLBSP), the current Interest Expense is € Mil as of Dec. 2017. 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.

Blue Shark Power System Business Description

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Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.