Methes Energies International (Methes Energies International) Interest Expense : $-0.02 Mil (TTM As of Aug. 2023)

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What is Methes Energies International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Methes Energies International's interest expense for the three months ended in Aug. 2023 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was $-0.02 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. Methes Energies International's Operating Income for the three months ended in Aug. 2023 was $ -0.05 Mil. Methes Energies International's Interest Expense for the three months ended in Aug. 2023 was $ -0.02 Mil. Methes Energies International 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.

Methes Energies International Interest Expense Historical Data

The historical data trend for Methes Energies International'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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Methes Energies International Interest Expense Chart

Methes Energies International Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Interest Expense

-0.02

-0.04

-0.25

-0.53

-0.49

Methes Energies International Quarterly Data
	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	May22	Aug22	May23	Aug23
Interest Expense	Get a 7-Day Free Trial															-0.10	-	-	-	-0.02

Methes Energies International 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 Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Methes Energies International (OTCPK:MEIL) 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.

Methes Energies International's Interest Expense for the three months ended in Aug. 2023 was $-0.02 Mil. Its Operating Income for the three months ended in Aug. 2023 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2023 was $1.21 Mil.

Methes Energies International's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Methes Energies International did not have earnings to cover the interest expense.

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

Methes Energies International (Methes Energies International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Methes Energies International Ltd (OTCPK:MEIL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

304 S. Jones Boulevard, Suite 8062, Las Vegas, NV, USA, 89107

Website

http://www.methes.com

Methes Energies International Ltd has no operations.

Executives

Johann Loewen	officer: VP of Operations	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Anthony T Williams	director	4111 MINT WAY, DALLAS TX 75237
Kebir Ratnani	director	455 BOULEVARD RENE-LEVESQUE WEST, MONTREAL A8 H2Z 1Z3
Edward A Stoltenberg	officer: CFO	C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Michel G Laporte	director, 10 percent owner, officer: Chairman and CEO	PARQUE EMP. FORUM, TORRE G, PISO 1, REGUS CENTER, SANTA ANA G2 126-6155
Steven Anthony	officer: VP of Sales and Marketing	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Keith Grafton	officer: Plant Manager (Sombra)	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
John Pappain	director	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Afrin Shams	officer: Chief Accounting Officer	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Perichiyappan Senthilnathan	director	C/O METHES ENERGIES INTERNATIONAL LTD., 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Han Swoong Ng	officer: President	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Michael Hallman	officer: VP of Project Management	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103

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