Winvest Group (Winvest Group) Interest Expense : $-0.01 Mil (TTM As of Dec. 2023)

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What is Winvest Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Winvest Group's interest expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.01 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. Winvest Group's Operating Income for the three months ended in Dec. 2023 was $ -0.03 Mil. Winvest Group's Interest Expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Winvest Group 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.

Winvest Group Interest Expense Historical Data

The historical data trend for Winvest Group'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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Winvest Group Interest Expense Chart

Winvest Group Annual Data

Trend

May20

May21

Dec22

Dec23

Interest Expense

-0.01

Winvest Group Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial												-	-	-0.01	-	-

Winvest Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Winvest Group (OTCPK:WNLV) 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.

Winvest Group's Interest Expense for the three months ended in Dec. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Winvest Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Winvest Group did not have earnings to cover the interest expense.

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

Winvest Group (Winvest Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Winvest Group Ltd (OTCPK:WNLV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

https://www.winvestgroup.co

Winvest Group Ltd is an investment holding company. It provides diverse portfolios with a focus on education and planning, franchising, wealth marketing, as well as traditional and renewable energy sources.

Winvest Group (Winvest Group) Headlines

From GuruFocus

WINVEST GROUP LTD ANNOUNCES EFFECTIVENESS OF SEC FORM S-1 REGISTRATION STATEMENT AND LAUNCHES DIRECT PUBLIC OFFERING

By Marketwired • 08-07-2023