Eline Entertainment Group (Eline Entertainment Group) Interest Expense : $0.00 Mil (TTM As of Jun. 2023)

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What is Eline Entertainment Group Interest Expense?

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

Eline Entertainment Group Interest Expense Historical Data

The historical data trend for Eline Entertainment 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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Eline Entertainment Group Interest Expense Chart

Eline Entertainment Group Annual Data

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Eline Entertainment Group Quarterly Data
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Eline Entertainment 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Eline Entertainment Group (OTCPK:EEGI) 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.

Eline Entertainment Group's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.00 Mil.

Eline Entertainment Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Eline Entertainment Group had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Eline Entertainment Group Inc has enough cash to cover all of its debt. Its financial situation is stable.

Eline Entertainment Group (Eline Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Eline Entertainment Group Inc (OTCPK:EEGI) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

89 Queensway, Suite 1113, Tower 2, Lippo Centre, Admiralty, HKG

Website

http://www.elinegrp.com

Eline Entertainment Group Inc is a developmental stage company. Its plan of business has not been implemented but will involve mergers and acquisitions of operating companies .

Executives

Barry A Rothman	officer: President	20118 OCEAN KEY DRIVE, BOCA RATON FL 33498
Jayme Dorrough	director, 10 percent owner

Eline Entertainment Group (Eline Entertainment Group) Headlines

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