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1PM Industries (1PM Industries) Interest Expense : $-0.70 Mil (TTM As of Nov. 2017)


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What is 1PM Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 1PM Industries's interest expense for the three months ended in Nov. 2017 was $ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2017 was $-0.70 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. 1PM Industries's Operating Income for the three months ended in Nov. 2017 was $ 0.03 Mil. 1PM Industries's Interest Expense for the three months ended in Nov. 2017 was $ -0.30 Mil. 1PM Industries's Interest Coverage for the quarter that ended in Nov. 2017 was 0.08. 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.


1PM Industries Interest Expense Historical Data

The historical data trend for 1PM Industries'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.

1PM Industries Interest Expense Chart

1PM Industries Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Feb15 Feb16 Feb17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.02 -0.45

1PM Industries Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 -0.14 -0.18 -0.09 -0.30

1PM Industries 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 Nov. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.70 Mil.

* 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.


1PM Industries  (GREY:OPMZ) 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.

1PM Industries's Interest Expense for the three months ended in Nov. 2017 was $-0.30 Mil. Its Operating Income for the three months ended in Nov. 2017 was $0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2017 was $0.06 Mil.

1PM Industries's Interest Coverage for the quarter that ended in Nov. 2017 is calculated as

Interest Coverage=-1* Operating Income (Q: Nov. 2017 )/Interest Expense (Q: Nov. 2017 )
=-1*0.025/-0.302
=0.08

* 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.


1PM Industries (1PM Industries) Business Description

Traded in Other Exchanges
N/A
Address
312 S Beverly Drive, Number. 3401, Beverly Hills, CA, USA, 90212
1PM Industries Inc provides consulting services to a wide variety of companies in diverse industries. Its target companies are in the startup phase of their operations.
Executives
Michael Patrick Raleigh director SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024
William A Lansing director 93962 BRIDGE VIEW LANE, NORTH BEND OR 97459
Thomas E Mills director, officer: President, CEO, CFO, Secretary
Lou Hilford director, officer: Chief Operating Officer

1PM Industries (1PM Industries) Headlines

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