Forge Group (Forge Group) Interest Expense : $ Mil (TTM As of . 20)

View and export this data going back to 2022. Start your Free Trial

What is Forge Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forge Group's interest expense for the six months ended in . 20 was $ 0.00 Mil. Forge Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Forge Group's Operating Income for the six months ended in . 20 was $ 0.00 Mil. Forge Group's Interest Expense for the six months ended in . 20 was $ 0.00 Mil. Forge 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.

Forge Group Interest Expense Historical Data

The historical data trend for Forge 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.

* Premium members only.

Forge Group Interest Expense Chart

Forge Group Annual Data

Trend

Interest Expense

Forge Group Semi-Annual Data

Interest Expense

Forge Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Forge Group (OTCPK:FIGP) 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.

Forge Group's Interest Expense for the six months ended in . 20 was $0.00 Mil. Its EBIT for the six months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was $0.00 Mil.

Forge Group's Interest Coverage for the quarter that ended in . 20 is calculated as

Forge Group had no long-term debt ⁽¹⁾.

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

Forge Group (Forge Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Forge Group Inc (OTCPK:FIGP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 15033, Worcester, MA, USA, 01615

Website

Forge Group Inc provides commercial automobile insurance products targeted to owners and operators of taxi cabs, passenger sedans, and other light transportation vehicles, including golf carts and school vans. It manages business through two segments: insurance and commercial real estate investments.

Forge Group (Forge Group) Headlines

From GuruFocus

Forge Group, Inc. Announces Share Repurchase Plan

By PRNewswire • 12-22-2023