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Zerify (Zerify) Interest Expense : $-2.41 Mil (TTM As of Sep. 2023)


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What is Zerify Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zerify's interest expense for the three months ended in Sep. 2023 was $ -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.41 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. Zerify's Operating Income for the three months ended in Sep. 2023 was $ -0.50 Mil. Zerify's Interest Expense for the three months ended in Sep. 2023 was $ -0.25 Mil. Zerify 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.

Zerify Interest Expense Historical Data

The historical data trend for Zerify'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.

Zerify Interest Expense Chart

Zerify Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.32 -1.55 -1.26 -7.07 -0.66

Zerify Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - -0.31 -0.37 -1.48 -0.25

Zerify 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.41 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.

Zerify  (OTCPK:ZRFY) 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.

Zerify's Interest Expense for the three months ended in Sep. 2023 was $-0.25 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.14 Mil.

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

Zerify 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.

Zerify (Zerify) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Zerify Inc (OTCPK:ZRFY) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
1090 King Georges Post Road, Suite 603, Edison, NJ, USA, 08837
Website
https://www.zerify.com
Zerify Inc is a cybersecurity company. It offers a suite of network security products using proprietary technology to businesses and consumers that provide out of band authentication and endpoint protection. It also provides mobile device security on Apple or Android devices. Its products are protect ID, guarded ID, and mobile trust, safeVchat, and privacyLok. The company sells its products to corporate, financial, healthcare, legal, government, technology, insurance, e-commerce and consumer market sectors. The Company operates in one segment for the development and distribution of software products.
Executives
Philip Ellis Blocker officer: Chief Financial Officer 1090 KINGS GEORGES POST RD., EDISON NJ 08837
Ramarao Pemmaraju director, other: Voting control shareholder 1090 KING GEORGES POST RD., EDISON NJ 08837
George Waller director, other: Voting control shareholder 1090 KING GEORGE'S POST ROAD, SUITE 603, EDISON NJ 08837
Mark L Kay director, officer: CEO 233 EXCALIBUR DR., NEWTOWN SQUARE PA 19073
Denn Robert Allen Jr. director 248 COLLEGE DRIVE, EDISON NJ 08817
James R Solakian 10 percent owner 152 MOCKINGBIRD CT, THREE BRIDGES NJ 08887