One World Universe (One World Universe) Interest Expense : $ Mil (TTM As of Sep. 2023)

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What is One World Universe Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. One World Universe's interest expense for the six months ended in Sep. 2023 was $ 0.00 Mil. One World Universe does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2023.

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. One World Universe's Operating Income for the six months ended in Sep. 2023 was $ 0.72 Mil. One World Universe's Interest Expense for the six months ended in Sep. 2023 was $ 0.00 Mil. One World Universe 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.

One World Universe Interest Expense Historical Data

The historical data trend for One World Universe'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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One World Universe Interest Expense Chart

One World Universe Annual Data

Trend

Interest Expense

One World Universe Semi-Annual Data
	Sep22	Sep23
Interest Expense	-	-

One World Universe Interest Expense Calculation

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

One World Universe (OTCPK:OWUV) 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.

One World Universe's Interest Expense for the six months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was $0.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $0.00 Mil.

One World Universe's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

One World Universe had no long-term debt ⁽¹⁾.

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

Good Sign:

One World Universe Inc has no debt.