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Ameriguard Security Services (Ameriguard Security Services) Interest Expense : $-0.65 Mil (TTM As of Mar. 2024)


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What is Ameriguard Security Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ameriguard Security Services's interest expense for the three months ended in Mar. 2024 was $ -0.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.65 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. Ameriguard Security Services's Operating Income for the three months ended in Mar. 2024 was $ -0.45 Mil. Ameriguard Security Services's Interest Expense for the three months ended in Mar. 2024 was $ -0.41 Mil. Ameriguard Security Services 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.

Ameriguard Security Services Interest Expense Historical Data

The historical data trend for Ameriguard Security Services'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.

Ameriguard Security Services Interest Expense Chart

Ameriguard Security Services Annual Data
Trend Dec11 Dec12 Dec13 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.93 - -0.06 -0.11 -0.28

Ameriguard Security Services Quarterly Data
Dec13 Mar14 Jun14 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.04 -0.06 -0.05 -0.14 -0.41

Ameriguard Security Services 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.65 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.

Ameriguard Security Services  (OTCPK:AGSS) 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.

Ameriguard Security Services's Interest Expense for the three months ended in Mar. 2024 was $-0.41 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $3.08 Mil.

Ameriguard Security Services's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Ameriguard Security Services 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.

Ameriguard Security Services (Ameriguard Security Services) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ameriguard Security Services Inc (OTCPK:AGSS) » Definitions » Interest Expense
Comparable Companies
RSKIA KSCP SNT GFAI IVDA VRME UUU GDSI SPCB MACE OSTO:ASSA B TSE:9735 SZSE:002236 ALLE MSA ADT OSTO:SECU B BCO TSE:2331 SZSE:002268
Traded in Other Exchanges
N/A
Address
5470 West Spruce Avenue, Suite 102, Fresno, CA, USA, 93722
Website
https://www.ameriguardsecurity.com
AmeriGuard Security Services Inc principally provides guard services to governmental, quasi-governmental and commercial property management. Guard services include, providing armed and unarmed uniformed security personnel for access control, mobile patrols, traffic control, security console/system operators, fire safety directors, communication, reception, concierge and front desk/doorman operations.