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Cal Bay International (Cal Bay International) Interest Expense : $0.00 Mil (TTM As of Sep. 2006)


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What is Cal Bay International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cal Bay International's interest expense for the three months ended in Sep. 2006 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2006 was $0.00 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. Cal Bay International's Operating Income for the three months ended in Sep. 2006 was $ -0.91 Mil. Cal Bay International's Interest Expense for the three months ended in Sep. 2006 was $ 0.00 Mil. Cal Bay International 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.


Cal Bay International Interest Expense Historical Data

The historical data trend for Cal Bay International'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.

Cal Bay International Interest Expense Chart

Cal Bay International Annual Data
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Interest Expense
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Cal Bay International Quarterly Data
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Cal Bay International 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. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Cal Bay International  (OTCPK:CBYI) 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.

Cal Bay International's Interest Expense for the three months ended in Sep. 2006 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2006 was $-0.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2006 was $0.00 Mil.

Cal Bay International's Interest Coverage for the quarter that ended in Sep. 2006 is calculated as

Cal Bay International 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.


Cal Bay International (Cal Bay International) Business Description

Traded in Other Exchanges
N/A
Address
1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014
Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.