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Tiger Reef (Tiger Reef) Interest Expense : $-0.08 Mil (TTM As of Jun. 2017)


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What is Tiger Reef Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tiger Reef's interest expense for the three months ended in Jun. 2017 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was $-0.08 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. Tiger Reef's Operating Income for the three months ended in Jun. 2017 was $ -0.17 Mil. Tiger Reef's Interest Expense for the three months ended in Jun. 2017 was $ -0.02 Mil. Tiger Reef 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.


Tiger Reef Interest Expense Historical Data

The historical data trend for Tiger Reef'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.

Tiger Reef Interest Expense Chart

Tiger Reef Annual Data
Trend Dec13 Dec14 Dec15 Dec16
Interest Expense
- - -0.01 -0.01

Tiger Reef Quarterly Data
Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 - - - -0.05 -0.02

Tiger Reef 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 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.


Tiger Reef  (OTCPK:TGRR) 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.

Tiger Reef's Interest Expense for the three months ended in Jun. 2017 was $-0.02 Mil. Its Operating Income for the three months ended in Jun. 2017 was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was $0.00 Mil.

Tiger Reef's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Tiger Reef did not have earnings to cover the interest expense.

* 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.


Tiger Reef (Tiger Reef) Business Description

Traded in Other Exchanges
N/A
Address
Wellsburg Street No. 7, Dutch West Indies, Cole Bay, SXM
Tiger Reef Inc is a producer of ultra-premium rums under the Tiger Reef brand. It is also a developer of casual dining restaurant properties in the Caribbean under the Mermaid Reef Ocean Grill and Lounge brand.