12 Retech (12 Retech) Interest Expense : $-2.53 Mil (TTM As of Dec. 2021)

View and export this data going back to 2015. Start your Free Trial

What is 12 Retech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 12 Retech's interest expense for the three months ended in Dec. 2021 was $ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was $-2.53 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. 12 Retech's Operating Income for the three months ended in Dec. 2021 was $ -0.52 Mil. 12 Retech's Interest Expense for the three months ended in Dec. 2021 was $ -0.44 Mil. 12 Retech 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.

12 Retech Interest Expense Historical Data

The historical data trend for 12 Retech'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.

12 Retech Interest Expense Chart

12 Retech Annual Data

Trend

Nov14

Nov15

Nov16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

Get a 7-Day Free Trial

-0.06

-1.30

-9.00

-0.47

-2.53

12 Retech Quarterly Data
	Feb17	May17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Interest Expense	Get a 7-Day Free Trial															-0.14	-0.10	-1.68	-0.31	-0.44

12 Retech 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 Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.53 Mil.

12 Retech (OTCPK:RETC) 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.

12 Retech's Interest Expense for the three months ended in Dec. 2021 was $-0.44 Mil. Its Operating Income for the three months ended in Dec. 2021 was $-0.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was $0.50 Mil.

12 Retech's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

12 Retech did not have earnings to cover the interest expense.

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

12 Retech (12 Retech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 12 Retech Corp (OTCPK:RETC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2828 N. Central Avenue, Suite 831, Phoenix, AZ, USA, 85004

Website

https://www.12reTech.com

12 Retech Corp mainly engages in the creation of mobile software applications. The company, through its subsidiaries, develops, improves, acquires, and licenses technologies designed to merge between real brick and mortar stores with online retailing of transacting commerce. It develops an omnichannel solution name 12 Technology Suite, through which retailers can choose the entire suite as per their need and combines real-world shopping with online media. The company's products which are based on its 12 technology suite include 12 Mirror, 12 Kiosk, 12 in-store apps, 12 Mobile apps, and 12 ERP.