Thorney Technologies (Thorney Technologies) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

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What is Thorney Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thorney Technologies's interest expense for the six months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 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. Thorney Technologies's Operating Income for the six months ended in Dec. 2023 was $ 0.00 Mil. Thorney Technologies's Interest Expense for the six months ended in Dec. 2023 was $ 0.00 Mil. Thorney Technologies 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.

Thorney Technologies Interest Expense Historical Data

The historical data trend for Thorney Technologies'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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Thorney Technologies Interest Expense Chart

Thorney Technologies Annual Data

Trend

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Interest Expense

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Thorney Technologies Semi-Annual Data
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Thorney Technologies 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

Thorney Technologies (OTCPK:GNWKY) 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.

Thorney Technologies's Interest Expense for the six months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.00 Mil.

Thorney Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Thorney Technologies had no long-term debt ⁽¹⁾.

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

Good Sign:

Thorney Technologies Ltd has no debt.

Thorney Technologies (Thorney Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Thorney Technologies Ltd (OTCPK:GNWKY) » Definitions » Interest Expense

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TTG:Germany TEK:Australia

Address

55 Collins Street, Level 39, Melbourne, VIC, AUS, 3000

Website

https://www.thorney.com.au/thorney-technologies

Thorney Technologies Ltd is an investment company. Its principal activity is investing in global listed, and unlisted, technology investments such as fin-tech, e-commerce, education, agriculture, medical, telecommunication, robotics, and AI at all phases of the investment lifecycle. It is established in Australia, Israel, and USA.

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