RocketFuel Blockchain (RocketFuel Blockchain) Interest Expense : $-0.02 Mil (TTM As of Jun. 2023)

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What is RocketFuel Blockchain Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RocketFuel Blockchain's interest expense for the three months ended in Jun. 2023 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.02 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. RocketFuel Blockchain's Operating Income for the three months ended in Jun. 2023 was $ -0.76 Mil. RocketFuel Blockchain's Interest Expense for the three months ended in Jun. 2023 was $ -0.02 Mil. RocketFuel Blockchain 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.

RocketFuel Blockchain Interest Expense Historical Data

The historical data trend for RocketFuel Blockchain'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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RocketFuel Blockchain Interest Expense Chart

RocketFuel Blockchain Annual Data

Trend

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Interest Expense

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-0.02

RocketFuel Blockchain Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.02

RocketFuel Blockchain 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

RocketFuel Blockchain (OTCPK:RKFL) 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.

RocketFuel Blockchain's Interest Expense for the three months ended in Jun. 2023 was $-0.02 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.00 Mil.

RocketFuel Blockchain's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

RocketFuel Blockchain did not have earnings to cover the interest expense.

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

RocketFuel Blockchain (RocketFuel Blockchain) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RocketFuel Blockchain Inc (OTCPK:RKFL) » Definitions » Interest Expense

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Address

201 Spear Street, Suite 1100, San Francisco, CA, USA, 94105

Website

https://www.rocketfuelblockchain.com

RocketFuel Blockchain Inc is a development-stage company that is in the process of developing check-out systems based upon blockchain technology and designed to increase speed, security, and ease of use. The company's blockchain-based check-out solution is being designed to include a single-click functionality to invoke payment conveyance with integrated consumer shipping address data. The provide payment solutions to businesses enabling them to make and receive payments with cryptocurrencies and via bank transfers, including ACH.

Executives

Peter Michael Jensen	director, officer: CEO	45 BULKLEY AVE #3, SAUSALITO CA 94965
Gert Funk	director, 10 percent owner, officer: Chief Executive Officer	C/O B4MC GOLD MINES, INC., 3651 LINDELL ROAD, LAS VEGAS NV 89103
Bennett J. Yankowitz	director, 10 percent owner, officer: President	P.O. BOX 5778, BEVERLY HILLS CA 90024
Rohan Hall	officer: CTO	29 CANOE, IRVINE CA 92618
Henrik Rouf	10 percent owner	468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Joseph E Page	director, 10 percent owner, officer: Chief Technical Officer	C/O B4MC GOLD MINES, INC., 3651 LINDELL ROAD, LAS VEGAS NV 89103
Carsten Jensen	10 percent owner	RUNGSTEDVEJ 127, RUNGSTED G7 2960
Saxton Capital Ltd.	10 percent owner	RUNGSTEDVEJ 127, RUNGSTED G7 2960
Henrik Oerbekker	10 percent owner	94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Erik Hamann Petersen	10 percent owner	C/O ULRIK LARSEN, STENVAENGET 16, HEDEHUSENE G7 DK-2640