Tectonic Financial (Tectonic Financial) Interest Expense : $ Mil (TTM As of Mar. 2019)

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What is Tectonic Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tectonic Financial's interest expense for the six months ended in Mar. 2019 was $ -1.44 Mil. Tectonic Financial does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2019.

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. Tectonic Financial's Operating Income for the six months ended in Mar. 2019 was $ Mil. Tectonic Financial's Interest Expense for the six months ended in Mar. 2019 was $ Mil. 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.

Tectonic Financial Interest Expense Historical Data

The historical data trend for Tectonic Financial'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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Tectonic Financial Interest Expense Chart

Tectonic Financial Annual Data

Trend

Interest Expense

Tectonic Financial Semi-Annual Data
	Mar18	Mar19
Interest Expense	-0.88	-1.44

Tectonic Financial Interest Expense Calculation

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

Tectonic Financial (Tectonic Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tectonic Financial Inc (NAS:TECTP.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

16200 Dallas Parkway, Suite 190, Dallas, TX, USA, 75248

Website

https://www.t.financial

Tectonic Financial Inc is a financial holding company that offers banking, trust, investment advisory, securities brokerage, and insurance services to high net worth individuals, small businesses, and institutions. It operates through three business segments including Banking; Other Financial Services and HoldCo. The company generates maximum revenue from the Banking segment.

Executives

George L Ball	director, officer: Executive Co-Chairman	C/O SANDERS MORRIS HARRIS INC 600 TRAVIS #3100 HOUSTON TX 77002
A Haag Sherman	director, 10 percent owner, officer: Chairman	600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002

Tectonic Financial (Tectonic Financial) Headlines

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