Formcap (Formcap) Interest Expense : $0.00 Mil (TTM As of Jun. 2017)

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What is Formcap Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Formcap's interest expense for the three months ended in Jun. 2017 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 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. Formcap's Operating Income for the three months ended in Jun. 2017 was $ 0.00 Mil. Formcap's Interest Expense for the three months ended in Jun. 2017 was $ 0.00 Mil. Formcap 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.

Formcap Interest Expense Historical Data

The historical data trend for Formcap'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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Formcap Interest Expense Chart

Formcap Annual Data

Trend

Dec07

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Dec14

Interest Expense

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-0.51

-0.01

Formcap Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Mar17	Jun17
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Formcap 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Formcap (GREY:FRMC) 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.

Formcap's Interest Expense for the three months ended in Jun. 2017 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2017 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was $0.00 Mil.

Formcap's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Formcap had no long-term debt ⁽¹⁾.

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

Formcap (Formcap) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Formcap Corp (GREY:FRMC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

http://www.formcapcorp.com

Formcap Corp is an emerging oil and gas exploration and development company. The company's primary focus is the discovery and development of light crude oil in the lower US states, primarily targeting the Mississippian formation in southeast Kansas.

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