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


ZRFY Zerify Inc ZRFY
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What is Zerify Interest Expense?

Zerify ZRFY -99.00% 12 Interest Expense is $-2.41 Mil as of Sep. 2023. GuruFocus rates ZRFY with a GF Score™ of 12/100.

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  (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 Interest Expense Historical Data

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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.

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 0.00 -0.31 -0.37 -1.48 -0.25
ZRFY
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Zerify Inc ZRFY
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-2.41 Mil mean?
Zerify (ZRFY) has a Interest Expense of $-2.41 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Zerify and its competitors.
Is Zerify's Interest Expense too high?
Zerify's current Interest Expense is $-2.41 Mil. Overall, Zerify has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Zerify's Interest Expense compare to FFPP and SMME?
Zerify's Interest Expense of $-2.41 Mil can be compared against companies in the Software 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 Software company?
A good Interest Expense depends on the Software 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 Zerify and its competitors. Zerify's current Interest Expense is $-2.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zerify stock overvalued right now?
Zerify (ZRFY) has a current Interest Expense of $-2.41 Mil. The current Interest Expense is $-2.41 Mil. Zerify's overall GF Score™ is 12/100. 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 Zerify (ZRFY), the current Interest Expense is $-2.41 Mil as of Sep. 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.

Zerify Business Description

Address 1090 King Georges Post Road, Suite 603, Edison, NJ, USA, 08837
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.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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