GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hannover House Inc (OTCPK:HHSE) » Definitions » Interest Expense

Hannover House (Hannover House) Interest Expense : $ Mil (TTM As of Dec. 2020)


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

What is Hannover House Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hannover House's interest expense for the six months ended in Dec. 2020 was $ -0.32 Mil. Hannover House does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2020.

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. Hannover House's Operating Income for the six months ended in Dec. 2020 was $ 0.39 Mil. Hannover House's Interest Expense for the six months ended in Dec. 2020 was $ -0.32 Mil. Hannover House's Interest Coverage for the quarter that ended in Dec. 2020 was 1.23. 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.


Hannover House Interest Expense Historical Data

The historical data trend for Hannover House'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.

Hannover House Interest Expense Chart

Hannover House Annual Data
Trend Dec14 Dec15 Dec20
Interest Expense
- -0.01 -0.32

Hannover House Semi-Annual Data
Dec14 Dec15 Dec20
Interest Expense - -0.01 -0.32

Hannover House Interest Expense Calculation

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


Hannover House  (OTCPK:HHSE) 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.

Hannover House's Interest Expense for the six months ended in Dec. 2020 was $-0.32 Mil. Its Operating Income for the six months ended in Dec. 2020 was $0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2020 was $0.11 Mil.

Hannover House's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2020 )/Interest Expense (Q: Dec. 2020 )
=-1*0.392/-0.32
=1.23

* 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.


Hannover House (Hannover House) Business Description

Traded in Other Exchanges
N/A
Address
1621 Central Avenue, Cheyenne, WY, USA, 82001
Hannover House Inc is a service media company, specializing in the production and distribution of feature films for theaters, home videos, and video-on-demand formats for the North American retail marketplace. It is mainly focused on the literary and book-publishing industries. It is particularly noted for its successes in placing DVD titles within mass merchandisers and keychain stores. Retailers carrying Hannover products include independently owned and operated retail video stores, and mass merchants and retailers.
Executives
Eric Parkinson director, officer: C.E.O. 1428 CHESTER ST., SPRINGDALE AR 72764
Don Frederick Shefte officer: President 1428 CHESTER ST SPRINGDALE AR 72764