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Cordia (Cordia) Interest Expense : $-0.16 Mil (TTM As of Sep. 2022)


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What is Cordia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cordia's interest expense for the three months ended in Sep. 2022 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.16 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. Cordia's Operating Income for the three months ended in Sep. 2022 was $ -0.04 Mil. Cordia's Interest Expense for the three months ended in Sep. 2022 was $ -0.02 Mil. Cordia 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.


Cordia Interest Expense Historical Data

The historical data trend for Cordia'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.

Cordia Interest Expense Chart

Cordia Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.03 -0.09

Cordia Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.05 -0.05 -0.05 -0.02

Cordia 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.16 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.


Cordia  (OTCPK:CORG) 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.

Cordia's Interest Expense for the three months ended in Sep. 2022 was $-0.02 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.34 Mil.

Cordia's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Cordia 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.


Cordia (Cordia) Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200-A, Reno, NV, USA, 89502
Cordia Corp is an owner, investor, and innovator in the hospitality and restaurant industry. It operates virtual restaurants and develops ghost kitchens. The company through a wholly-owned subsidiary operates the Blind Pig restaurant in Las Vegas. The firm operates two virtual restaurants namely VegasdotPizza and KO Sports Bar and Grill that sell food and beverages on delivery apps.
Executives
Charles G Agule director 445 HAMILTON AVENUE SUITE 601, WHITE PLAINS NY 10601
Patrick D Freeman 10 percent owner, officer: CTO 13275 W. COLONIAL DRIVE, WINTER GARDEN FL 34787
Robert Majernik director 10 CANTERBURY ROAD, YONKERS NY 10704
Yoshiyasu Takada director CORDIA CORPORATION, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
John Scagnelli director C/O CORDIA CORPORATION, 445 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kevin Griffo officer: President & COO 445 HAMILTON AVENUE, STE 408, WHITE PLAINS NY 10601
Wesley Minella director, officer: Secretary C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
Joel Dupre director, officer: Chief Executive Officer C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601
Gandolfo Verra director 326 OSCAWANA LAKE ROAD, PUTNAM VALLEY NY 10579
Geils Ventures Llc 10 percent owner 1866 LEITHSVILLE ROAD, HELLERTOWN PA 18055
Alexander Minella 10 percent owner 8815 CONROY-WINDERMERE ROAD, ORLANDO FL 32835
Lorie Guerrera officer: Principal Financial Officer 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601

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